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Mood at Canada lodging conference remains optimistic despite looming economic uncertainty

Ongoing investor interest in hotels, plentiful debt touted as reasons to be upbeat
TOOR Hotel, Downtown Toronto, located at 203 Jarvis Street, is being developed by Manga Hotel Group and is due to open in spring 2025. Panelist Neelu Toor indicated the new hotel is among four standalone hotels in downtown Toronto being developed by the company. (CoStar)
TOOR Hotel, Downtown Toronto, located at 203 Jarvis Street, is being developed by Manga Hotel Group and is due to open in spring 2025. Panelist Neelu Toor indicated the new hotel is among four standalone hotels in downtown Toronto being developed by the company. (CoStar)
CoStar Analytics
February 21, 2025 | 8:13 P.M.

The mood was relatively upbeat at the Hotel Capital Connection conference at the Hotel Capital Connection conference held near Toronto Airport this week, despite the economic uncertainty swirling over the looming threats of tariffs on Canadian goods entering the U.S.

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