News

There is a common misconception that if you’re outsourcing work you could be doing internally, you’re simply taking money out of your own pocket. The truth is, in any business, you need to play [...]

Investing in a long-term real estate asset like a hotel isn’t a decision one takes lightly. The cost of a mid-scale hotel is significant: ranging from $10-$20 million (Cdn). So, assume you’ve [...]

Hotels have long been considered a stable, long-term investment. In 2022, the cost to develop a midscale hotel in Canada averages between $145K and $197K/sq. ft. This includes all land, [...]

Whether living with mobility, vision or hearing challenges, or other impairment, Canadians with disabilities are committed to experiencing life to its fullest. This includes traveling to this [...]

When you think of a smaller hotel, what comes to mind? A motel with a dated outdoor pool? A trendy boutique? A cut-and-dry room with a bed and tv. A lobby with a self-serve cereal breakfast? [...]

In the right location, hotels can be a jackpot for commercial property developers. While they can have risks, the rewards can be lucrative. With the proper research, a hotel can become the [...]

What factors should guide your decision when choosing a hotel brand to partner with? Solid fundamentals. A reputable brand. Strong performance (e.g. average daily rates, average room rates, [...]

The long-term success of a commercial development comes down to the developer’s ability to attract stable, long-term tenants. Finding the right combination of businesses can create a lively [...]

Original Article in Hotelier CALGARY — As it celebrates its 10-year anniversary, Alberta-based hotel developer MasterBUILT Hotels has received the Canada’s 50 Best-Managed Companies award. The [...]

A large crowd showed up Wednesday morning for the grand opening of the new Microtel Inn & Suites located beside Portage at Long Plain First Nation. The hotel overlooks Crescent Lake. [...]