hospitality

TORONTO – RioCan Real Estate Investment Trust says it is cutting its payouts to unitholders by a third as the COVID-19 pandemic creates an uncertain future for shopping centres.RioCan, which counts Dollarama, Canadian Tire and Costco…

InterContinental Hotels Group (IHG) broke ground on its first Canadian property in Vaughan. The property is the latest international expansion for its avid hotels brand and is expected to open by spring 2022.Offering 119 rooms…

NEW YORK – Americans are likely to see more ''for rent'' signs in the coming months as many businesses devastated by the coronavirus pandemic abandon offices and storefronts and potentially end a long boom in the nation's commercial real…

Each day, SoHo hotel general manager David Kelley hears the sound of his footsteps echoing off the marble floors and panelled walls as he walks across the lobby, a space as empty as the 89 rooms above him.''It is very quiet. We keep it…

TORONTO – Starbucks is planning to close up to 200 coffee shops across Canada as it responds to changes in consumer habits during the COVID-19 pandemic.The Seattle-based chain is restructuring its company-operated business in Canada…

Dining with your closest friends in a Plexiglas bubble, or grabbing a solo bite on a ``bumper table'' encircled by a large rubber tube, restaurants are trying to find creative ways to keep their customers safe — and physically distant — as…

A new survey from Restaurants Canada has revealed that most foodservice businesses in Ontario might not have enough cash flow to successfully reopen their doors to diners. As the province moves forward with lifting emergency measures,…