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Found 2 results

  1. Does anyone have any insight in the condo hotel market? Is it a good investment in Montreal? Toronto has so much offering (Thompson, King West, etc) and Montreal seems lagging (Crystal, Zero 1). I'm wondering if this is a profitable venture.
  2. J'ai eu le grand plaisir de dejeuner avec quelqu'un tres proche de la scene hoteliere a Montreal. Il m'a appliquer que debut 2013 rien ne va plus et que plusieurs petit/moyen foire (conventions) ont decider de demanger a d'autre ville a cause de la perception de probleme sociale au Quebec. Anyway pas ici pour faire la politique (meme que je souhaite des elections demain!), but apparently a few hotels are considering closing doors as they are no longer profitable. A few projects are also on the ice (Waldorf being one). Apparently a 5 star chain was seriously considering a spot in Montreal up until last year. Tourism and convention related activities are apparently substantially down. Take it for what it's worth.. but not a good sign.