Hotels in downtown Toronto had a bumper year in 2023. Revenue per available room, or RevPAR, a metric used to measure top-line operating performance, grew 25% in the first 11 months of the year.
Downtown Toronto Hotels Anticipate Top-Line Growth in 2024 After Bumper Year in 2023
Favourable Balance Between Supply and Demand Conditions Should Facilitate Improvements
By Laura Baxter
CoStar Analytics
January 17, 2024 | 5:58 P.M.
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