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QUEBEC CITY, January 16, 2025 – Four First Nations, united under a newly created entity, Atenro, have announced a partnership with InnVest Hotels to acquire a majority stake in Hilton Québec. Hilton will continue to manage the hotel.

The four First Nations represented are the Naskapi Nation of Kawawachikamach by the Taasipitaakin Trust, the Mi’gmaq of Gespe’gewa’gi by Mi’gmawei Mawiomi Resources LP, the Huron-Wendat Nation by the Wendat Investment Corporation LP and the Cree Nation by the James Bay Eeyou Corporation. Together, they created the Atenro limited partnership, which means “friendship” in the Wendat language.

This agreement marks a significant step in strengthening the economic participation of First Nations in several sectors in Quebec, including the hotel industry. It should be noted that several First Nations already own or share hotel establishments in Quebec.

“Our new partnership demonstrates the willingness of Indigenous communities to invest in the economy in a sustainable way and to strengthen their financial self-sufficiency. The revenues generated by our other investments, such as wind, allow us to diversify our investments,” said Fred Vicaire, CEO of Mi’gmawei Mawiomi Business Corporation, the General Partner of Mi’gmawei Mawiomi Resources LP.

“By investing in hospitality properties, we have the opportunity to create spaces that showcase our heritage and allow visitors to learn more about our cultures. It also strengthens our economic position and financial autonomy, while contributing to the sustainable development of our communities,” said Henry Gull, President of the James Bay Eeyou Corporation.

“This acquisition is a concrete example of how First Nations can play a key role in Quebec’s economic development, while preserving and enhancing their unique cultural heritage. The development of our communities also requires strategic investments outside the territory,” said Louise Nattawappio, Chief of the Naskapi Nation.

“The Wendat Nation is proud of this major investment, which is also found on its magnificent territory, the Nionwentsïo. It is even more significant since it is sealed by an economic alliance with the Eeyou, the Mi’gmaq and the Naskapi. This historic transaction honours the memory of the Wendat ancestors who once had an important network of trade and trade alliances. We continue in the same tradition and set an example for our younger generations where collaboration, ambition and visions can converge into concrete successes that promote our financial independence,” said Grand Chief Pierre Picard.

Acquiring all or most of the shares of a hotel allows you to share and promote the rich culture and traditions of the First Nations with visitors. This can include elements of design, crafts, cultural activities, and unique dining experiences.

“Hilton Quebec is a high-performing hotel in our portfolio, and this very important agreement with our First Nations partners in Quebec allows us to unlock the value of this property while providing a dynamic new investment opportunity for new owners. Our InnVest team will continue to be actively involved with the Hotel as Asset Managers for the new partnership. We are thrilled to welcome the Naskapi Nation of Kawawachikamach, the Mi’gmaq of Gespe’gewa’gi, the Huron-Wendat Nation, and the Cree Nation on this exciting journey,” said Lydia Chen, CEO of InnVest Hotels.

The new owners plan to implement joint initiatives with Hilton Québec and InnVest Hotels to provide employment and training opportunities for members of all First Nations. All current jobs will be maintained. The new owners recognize the exceptional quality of work of all the hotel’s team members and nothing will change as a result of this acquisition.

Located a few steps from Old Quebec City and Parliament Hill, Hilton Québec is recognized for its excellence in hospitality and services. It is one of the jewels of Quebec City’s hotel industry. It features 569 modern rooms and spacious suites with spectacular views of the city.

Directly connected to the Quebec City Convention Centre, the hotel has the largest ballroom in the city and a total of 22 meeting rooms (23,000 ft2 of space). It has a bar and two restaurants. It also offers a fitness centre and a heated outdoor swimming pool.

The parties involved retained the professional services of Atmacinta, Cain Lamarre, Plan A Capital and Gowling WLG to carry out the acquisition project and acknowledge the exceptional support of Bank of Montreal and the First Nations Bank of Canada for their commitment to ensure successful closing of the acquisition by providing requisite credit financing.

 
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The Chelsea Hotel Toronto is pleased to announce the appointment of Shane Downey as the new Managing Director.

Downey has successfully lead the opening, rebranding and reconceptualization of many properties, and managing multiple capital projects exceeding millions of dollars. He is originally from Ireland where he earned his B.B.S in International Hotel Management at Shannon College of Hotel Management.

Following a career spanning more than 20 years, Downey has worked at luxury, select service and extended stay hotels across North America, Europe and in the Middle East. Most recently he served as General Manager for the Delta Hotel, Toronto, Delta’s Global Flagship Brand Hotel. Prior to that he was Hotel Manager at the Sheraton Centre, Toronto.

“We are very pleased to welcome Shane to the Chelsea Hotel. He is a seasoned hotelier with extensive experience generating strong partnerships with owners, internal stakeholders, and community leaders. He is well suited to lead our very engaged hotel team.” said Rob Housez, general manager.

 
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Toronto, ON, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Days Inns - Canada is thrilled to announce a new promotion designed to raise awareness of the Wyndham Rewards® loyalty program and inspire travellers to take advantage of all the fantastic Canadian winter activities located nearby Wyndham Hotels & Resorts hotels.
Days Inn entices guests to enjoy winter with the “Canada Adventure Awaits” promotion. For a limited time, Wyndham Rewards members who register for the promotion and then complete a stay of two or more consecutive nights at participating hotels across Canada, will earn 7,500 Wyndham Rewards bonus points toward a future stay. The promotion is available to existing Wyndham Rewards members and new members who join the program. Guests must register for the promotion, book direct by March 1, 2025, and complete their stay by April 16, 2025.
"We're thrilled to support this promotion and invite guests to explore Canada's many winter attractions while earning valuable Wyndham Rewards bonus points," said Irwin Prince, President & COO of Days Inns - Canada. "We hope to inspire travellers to embrace winter travel with Days Inn as their home base for adventure."
The Canada Adventure Awaits offer is available exclusively through Wyndham Hotels & Resorts’ brand direct reservation channels, featuring a dedicated Canadian landing page for easy booking. Wyndham Rewards members can register, book and plan their stay with just a few clicks. For full details, terms and conditions, click here.

 
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ARLINGTON, Va. 10 February 2025 – Among markets outside of the U.S, Shanghai, London and Dubai are projected to open the most hotel rooms in 2025, according to CoStar’s pipeline data. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

 Europe

  • In construction: 171,294 rooms (0.0%)
  • Final Planning: 86,438 rooms (-22.3%)
  • Planning: 163,184 rooms (-8.6%)

Europe shows 106,729 projected room openings in 2025, including those already opened this year. Three major markets in the region are projected to open more than 3,000 rooms for the year: London (5,632), Istanbul (3,920) and Dublin (3,197).

Asia Pacific

  • In construction: 511,666 rooms (+4.9%)
  • Final Planning: 47,241 rooms (-57.6%)
  • Planning: 396,598 rooms (+36.4%)

The region is at 228,468 projected rooms openings for this year with Shanghai (7,953), Chengdu (4,821), Shenzhen (3,946), Kuala Lumpur (3,841), Suzhou (3,403) and Bangkok (3,199) among leaders at the market level.

Middle East & Africa

  • In construction: 104,572 rooms (-6.7%)
  • Final Planning: 28,875 rooms (-21.8%)
  • Planning: 94,056 rooms (+17.1%)

Mostly focused in the Middle East, the region is at 50,683 projected room openings for 2025, with notable counts in Dubai (5,344), Makkah (4,749), Qatar (3,936), Riyadh (3,485) and Jeddah (3,156).

Americas

  • In construction: 204,217 rooms (+1.8%)
  • Final Planning: 301,645 rooms (+4.3%)
  • Planning: 407,254 rooms (+10.1%)

The region is projected for 138,909 room openings in 2025. Excluding the U.S., which is led in projected openings by New York City and Nashville, leaders include the Dominican Republic (3,543) and Toronto (1,460).

For more information about the company and its products and services, please visit costargroup.com.

 
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The arrival of 2025 brings a new vision for the architecture, construction, and design sectors. Interiors will become extensions of our identities, where technology blends seamlessly with aesthetics, and harmony becomes the central theme. 
From visual alignment between doors and panels to customization inspired by a human touch, the upcoming year promises significant strides in the environments we inhabit.

As one of Europe’s leading players in the design and production of doors, frames, wardrobes, panels, and furniture pieces, Vicaima anticipates five trends that will make a difference in residential, hospitality, or commercial projects. 

1. Seamless Harmony in Design: From Doors to Panels

The perfect symbiosis of décor elements will be a central trend in 2025. Clean, visually fluid environments with continuous design will define the concept of modernity in the coming times.

In this context, Vicaima has developed new finish options created to meet global trends and professional needs. Available not only for doors but also for wardrobes, panels, and furniture pieces, these solutions create cohesive and elegant spaces, exuding sophistication. 

A scenario where tones and textures take center stage, meeting the demand for personalized and highly integrated designs. Pantone's Color of the Year, Mocha Mousse, emerges as a perfect symbol of this trend. This warm tone, reminiscent of natural wood and organic materials, promises to stand out by adding a sense of interconnection, comfort, and harmony to interiors. 

2. A Human Touch to Balance Technological Abundance

In an era where technology — particularly Artificial Intelligence (AI) — plays a central role in customization and process optimization, balancing innovation with humanization will be essential. Personalized spaces, reflecting a desire for welcoming environments, underscore the need for a human touch in the digital age.

Vicaima Infinity stands out for its ability to create fully customizable pieces that tell unique stories. Each project becomes an expression of identity, offering solutions that meet the most specific needs of architects and designers. 

AI will continue driving the creation of decorative concepts by analyzing patterns and preferences, combined with the professionals’ sensitive eye. The future will thus be a fusion of technological precision and human creativity. Innovation promises to amplify the human touch, and in 2025, we will see more personalized spaces where every detail reflects the users’ style and story. 

AI will also enhance the creation process, enabling professionals to analyze millions of images, styles, and trends, helping overcome creative blocks and explore new ideas. 

On a practical level, upcoming innovations will leverage AI to optimize processes and enhance safety in the construction industry. By analyzing data and identifying patterns, AI can detect potential problems in equipment and safety systems, preventing failures and ensuring building security. 

Beyond design and production, technology will also play a vital role in professional interaction with solutions. AI-powered tools, such as the Vicaima 24/7 chatbot available in the UK (and expected to expand to new markets in 2025), provide simple, direct access to information about companies, products, news, and projects in an interactive way akin to a conversation. 

2025 thus emerges as the ideal time for the industry to evolve holistically through digitalization. Acting as a united sector, it will promote technological integration to enhance efficiency, reduce waste, and prepare for future challenges. 

3. Products Beyond Functionality

The growing demand for products that transcend their traditional roles will be at the heart of next year’s trends. Integrated construction solutions — where sleek lines and high-quality materials coexist — reflect a clear preference for minimalist spaces that balance form and function. 

This movement toward visual continuity emphasizes the importance of every design detail, with Portaro® — one of Vicaima's most iconic brands — playing an essential role in elevating architectural environments and adapting to diverse concepts. Doors will increasingly integrate with panels and walls in total harmony, blending seamlessly with surrounding structures. The result is interiors that exude lightness and sophistication, creating a unique visual impact. 

Other elements, such as wardrobes, will no longer be mere storage pieces but central décor components that contribute to a space’s identity and aesthetics. Attention to detail and the sophistication of materials transform wardrobes into icons that harmonize effortlessly with any environment. 

In 2025, we anticipate a focus on premium wardrobes with exclusive accessories that enhance user experience. Moreover, other segments will also see a growing addition of accessories that add value to solutions, offering an “extra touch” that makes a significant difference in décor impact. 

Whether in homes or various types of projects, these elements will play a vital role in creating elegant and highly functional spaces, contributing to the identity and exclusivity of interior designs. 

4. Sustainable Materials: Present with Purpose

Sustainability will remain a fundamental pillar but will take on a more purposeful role. Beyond being an ecological choice, products and solutions that combine sophisticated design with a lower carbon footprint will naturally address the most demanding challenges. 

For doors, Portaro® solutions with thermal performance exemplify this trend, combining this capability with acoustic, fire-resistance, and security features. With a UD=1.2W/(m².ºC), the Portaro® Thermal achieves an A-rating in thermal transmittance, ensuring excellent insulation and high energy performance while offering a sophisticated design that integrates seamlessly into any decorative space. This meets the need to reduce energy consumption without compromising comfort or quality — a performance also found in other Vicaima solutions. 

In addition, the use of materials certified by entities such as FSC® (Forest Stewardship Council®) reinforces the commitment to environmentally responsible practices, ensuring that design elegance reflects a positive impact on future generations. 

As a whole, sustainability will align with broader solutions. The use of eco-friendly and innovative construction materials is increasing, with a growing emphasis on renewable, recyclable, or low-impact materials. While the higher initial cost of sustainable buildings may be a concern, this can be offset by lower lifecycle costs due to reduced energy consumption and maintenance. 

Alongside wood and its contribution to decarbonization, Vicaima has pursued positive transformation through a global sustainability policy, fully aligned with the United Nations’ Sustainable Development Goals (SDGs). Investments in renewable energy, waste recovery, and digitalization projects form part of a wide range of actions and partnerships aimed at achieving these goals. 

5. Innovative Launches Will Become More Frequent

In a constantly evolving market, innovation will remain a driver of transformation. The demand for quick and efficient solutions will fuel the continuous release of products that address flexible design and functionality needs. 

Construction projects are expected to increase in 2025, driven by factors such as population growth, urbanization, and infrastructure development needs. The demand for housing, especially in urban areas, is expected to remain high, highlighting the need to address housing deficits and the growing demand for more sustainable and affordable housing solutions. 

Deloitte predicts that after ending 2024 with a 10% growth, the construction industry is expected to continue expanding globally this year, despite fluctuations in interest rates. 

Simultaneously, the hospitality sector remains attractive to investors, with significant growth in projects focused on luxury hospitality and sustainable tourism, driven by the global recovery in tourism. This trend is expected to continue into the new year, with the Global Travel Outlook 2025 estimating a 9% increase in family budgets allocated to travel. 

In a world increasingly oriented toward sustainability, personalization, and visual harmony, Vicaima envisions the coming year as an opportunity to reaffirm its commitment to solutions that combine aesthetics and functionality. Whether in residential, hospitality, commercial services, healthcare, or education, 2025 will be marked by unique, inspiring, and future-ready spaces.

 

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