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International

Expansion to lift Hilton over 200 hotels in Canada in 2025

Steve McLean Commercial Hotels and Resorts Toronto / GTA May. 27 2025

Expansion will drive Hilton over the 200-hotel mark in Canada this year, growth that won't slow anytime soon. Hilton and Mississauga's Inspiration Group have signed a franchise agreement for Tempo by Hilton Toronto Airport, to open in 2028.

InterRent REIT agrees to $4B acquisition by CLV Group, GIC

Don Wilcox Residential Acquisition Ottawa May. 27 2025

InterRent REIT (IIP-UN-T), one of Canada’s largest multifamily housing owners, confirmed it has entered an agreement to be acquired by CLV Group and Singapore’s sovereign wealth fund GIC in a deal which values the trust at about $4 billion.

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