Canadian hotel construction booms

(Originally published in TOURISM)

An astounding 2000 more hotel rooms are being created in Montréal over the next two years. Two international hotel companies, Ritz-Carlton and Starwood Hotel's, are investing $100 million dollar each into their respective properties, and another big spend on property is an $80 million dollar investment in the Crystal de la Montagne, located in the heart of Montréal's downtown shopping area, according to an article published in eTurboNews. The report says the project with the biggest budget is the $400-million redevelopment project for Montréal's historic former Viger Station Hotel.

The article states that a brand new concept for cheap-chic hotels, offering affordable accommodation without compromising on design and comfort, has been introduced in Montréal by ALT Hotels; in addition to the leisure market, ALT Hotels will also target business, meetings and convention market. To serve this clientele, the hotel will have more than 5,000 square feet of space for business meetings including a main conference room located on the top floor, with breath-taking views of Montreal.

The luxury-hotel boom is well underway with close to 1,000 luxury hotel rooms opening up across Toronto. In August 2007, Toronto saw the opening of The Hazelton Hotel, the first five-star hotel in the city. According to eTurboNews, by 2010 Toronto will have four new 5-star hotels with major players such as Trump, the Ritz Carlton, Four Seasons and Shangri-La. And, existing hotels have stepped it up a notch by undergoing extensive refurbishments in 2007.

Luxury boutique hotels are also opening up in Canada, with properties like the Montréal Buddha Bar Hotel which will have 106 rooms and will be located in the former building of the Provincial Bank. In Vancouver, the Melville area is fast becoming a hotbed of upscale boutique hotels, including the 127-room Ritz-Carlton, the 77-room Loden Vancouver, the Shangri-La Hotel, and the Coast Coal Harbour Hotel will be a four-star hotel offering a range of accommodation for business and leisure travellers.

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