Sample listing
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Hospitality · Ottawa, Canada
ByWard Extended-Stay Inn
ByWard Market
The opportunity
ByWard Extended-Stay Inn runs 64% occupancy against a comp set doing 74%. The gap is distribution, not location: no flag, no revenue management, and an OTA-heavy channel mix. Conversion and professional management are the entire underwriting. The Ottawa case: federal tenancy, low volatility, and the thinnest broker coverage of the four markets.
- 64% occupancy versus 74% comp set
- ADR $189 against a $241 comp set
- Unaffiliated, conversion-ready to select-service