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Strategic Perspectives for 2025
FUTURE-PROOFING HOSPITALITY
STRATEGIC PERSPECTIVES FOR 2025
WELCOME TO THE FALL 2024 ISSUE OF STAY MAGAZINE. THIS SEASON, WE FOCUS ON THE EVENTS, MARKET CONDITIONS AND POLICY CHANGES SHAPING THE INDUSTRY AS WE LOOK TO THE EDGE OF NEXT YEAR.
At STAY, we find and tell stories that are original, informative, and that provoke thought and conversations about all the things that might affect stakeholders in the Canadian hotel sector.
A major highlight of this issue is our 2025 HOTEL INDUSTRY OUTLOOK. This feature brings together forecasts and ideas from leading Canadian experts. From market trends to investment opportunities, this outlook provides readers with valuable information about where we are heading and how to prepare.
In addition, we explore the rise of sleep tourism, a rapidly growing sector driven by the increasing focus on health and wellness. As sleep disorders become more common, hotels are offering specialized programs and amenities aimed at helping guests rest better. This article looks at how properties are meeting this demand and what the future holds for this niche market.
We also tackle the important issue of invisible disabilities in the hospitality sector. From guests to employees, many individuals face unique challenges due to conditions like PTSD or autism. This feature highlights practical steps that hotels can take to create more inclusive environments for everyone.
Another key focus is the transformation of commercial properties, including hotels, into residential spaces—just one of the potential solutions to Canada’s housing crisis. With cities like Calgary and Toronto leading the way, we explore the problems and possibilities of these conversions.
We examine the ongoing changes to Canada’s Temporary Foreign Worker Program, which plays a crucial role in the hospitality industry. This article breaks down what the new regulations mean for employers and workers, and what additional reforms might be needed to protect vulnerable employees.
We hope this issue provides you with new and interesting perspectives on the shifts shaping the hospitality industry, and a renewed sense of purpose and optimism as we head toward 2025!
Thank you for being part of the STAY community,
