Unhappy with years of discounted stock prices, FC Private Equity Realty Management Corp. is calling for Melcor REIT’s (MR-UN-T) majority shareholder Melcor Developments to take the trust private in a buyout to return about $100 million to minority shareholders.
The pace of growth in Canada's lodging market slowed late in 2023 as things returned to more normalized levels after the boom of 2022 following COVID-19 lockdowns, but there were still improvements in room demand and average rates.
Industry Events
TCU Place, Saskatoon
BMO Centre at Stampede Park, Calgary
BMO Centre Expansion, Stampede Grounds
Halifax Convention Centre
Fairmont Royal York
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