01-18-2022, 09:52 PM
The arrival of the Delta Hotel in 2015 probably limited the appeal of another hotel targeting the same customer base within walking distance of each other. If I recall correctly, the Maison Hotel was announced before the Delta was announced. The Waterloo Hotel also closed within the last few years (ditto the Waterloo Inn and others in the Region). Maybe the hotel market has generally contracted?
I think that the Maison Hotel was also pitched in a era when Perimeter and CIGI were expecting to become hubs for large gatherings and conferences that would need hotels to house delegates. To my knowledge, most of those gatherings have not materialized. I know that conferences in most industries have contracted in general over the last decade. Covid has pushed a lot of people towards virtual conferences so it will be interesting to see if the conference circuit revives after Covid settles down.
I think that the Maison Hotel was also pitched in a era when Perimeter and CIGI were expecting to become hubs for large gatherings and conferences that would need hotels to house delegates. To my knowledge, most of those gatherings have not materialized. I know that conferences in most industries have contracted in general over the last decade. Covid has pushed a lot of people towards virtual conferences so it will be interesting to see if the conference circuit revives after Covid settles down.