As AI Takes Over Hotel Discovery, Could Hotel Awards Become Even More Valuable as Signals of Trust? Canada’s Best Hotel When you think of Canada’s best hotel, you probably imagine a Fairmont, a Four Seasons, maybe even a Ritz-Carlton or any other luxury hotel. One of the highest-rated hotels in the country sits on a
Relevance of Hotel Awards in the Age of AI Read More »
In 2022, one of the biggest deals in the history of the Toronto International Film Festival (TIFF) was a $30 million sale of The Holdovers to Focus Features. The film wasn’t even in the festival; it screened privately for a handful of buyers, and almost nobody who bought a TIFF ticket that year knew it
Economics of the Toronto International Film Festival (TIFF) Read More »
How Much Money Does The CNE Make? The Canadian National Exhibition (CNE) is an 18-day fair and temporary marketplace that must generate enough revenue to finance itself for a full year. How does a 146-year-old fair remain financially sustainable when it has 18 days to make the money, navigating high fixed costs, seasonal revenue, weather
Economics of the CNE Read More »
How Elora’s heritage, natural assets and proximity to Toronto created a boutique-hotel boom, and what that boom means for the people who live there. Elora, Ontario, has a population of roughly 8,000 people. Yet, this small town has three luxury boutique hotels, before you even count the other bed-and-breakfasts. The price points of the hotel
Luxury Boutique Hotel Investments in Small Towns – Elora, Ontario Case Study Read More »
How two neighbouring Ontario towns with similar architecture, natural features and shared history developed very different economic trajectories. In Wellington County, Ontario, there are two towns less than ten minutes apart that have a lot in common yet are still very different. Elora and Fergus share a deeply connected history and feature the same Grand
Elora vs Fergus: The Making of a Tourism Destination Read More »
Introduction For most of its history, Prince Edward County was not a tourist destination. It was a working landscape built around canning factories, fruit orchards, and agriculture. Today, it’s home to wineries, boutique hotels, and farm-to-table restaurants drawing visitors from Toronto, Montreal, Ottawa, the northeastern United States, and increasingly some international travellers as well. As
The Reinvention of Prince Edward County Read More »
Canadian wine regions are a masterclass in turning geographic constraints into premium pricing. Introduction Canadians have free healthcare, and we also have good wine. The best country in the world, if you ask me. Maybe that’s debatable, but we really do have good wine. Really, really good wine. Canada is typically not a country that
Canada’s Wine Regions Read More »
Disclaimer: Introduction When I was planning to get a credit card last year, the key selling point for me was the 70,000 sign-on bonus points the bank was offering. For context, that would have been the equivalent of about $1,000 in value redeemable for flights. I was like, yeah! sign me on. But thinking about
How Canadian Travel Rewards Work Read More »
If you find yourself in Canada, your $5 cup of coffee is going to cost you more than $5. Once you add tax and tip, you could be looking at $9, $12, maybe even more. These days, a tip is not just appreciated, it is expected. You are probably already familiar with the moment when
Canada’s Tipping Problem is a Payment’s Story Read More »
Maple syrup is nature’s sweetest and most underrated economic gift to the world, mostly to Canada. A barrel of maple syrup is worth more than fifteen times the price of a barrel of crude oil! Most people buying it at the grocery store have absolutely no idea how it’s made, who sets the price, or
Inside the Economics of Canada’s Maple Syrup Industry Read More »
