Popular Hotel Brand Opening New Locations in Mississauga
Published June 19, 2019 at 8:36 pm
When people think of Mississauga, they don’t necessarily think of the city–which is still a suburb, for all intents and purposes–like a vacation destination.
But a city doesn’t need to be world-famous to need its fair share of hotels (especially when that city is home to Canada’s largest airport and is slowly turning into a destination in its own right).
Hyatt Hotels Corporation recently announced that it plans to significantly increase its presence in Canada. In May, Hyatt announced that it will open 22 new hotels across the country by the end of 2022.
Mississauga will welcome three new properties this year, and other properties will be built in Brampton and Oakville over the coming years.
Other new properties include three hotels in downtown Niagara Falls, including a dual-branded Hyatt Centric Niagara Falls and Hyatt Regency Niagara Falls project and a Hyatt Place Niagara Falls.
As far as Mississauga goes, the new hotels planned for the city include:
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- Hyatt Place Mississauga – Airport Corporate Center in Mississauga
- 140 guestrooms
- Opening late 2019
- Hyatt House Mississauga – Airport Corporate Center in Mississauga
- 109 guestrooms
- Opening late 2019
- Hyatt House Toronto – Mississauga Center in Mississauga
- 123 guestrooms
- Opening late 2019
The brand’s Hyatt Place Brampton hotel will open in 2020 and the Hyatt Place Toronto – Oakville East location will open in Oakville in 2021.
With the city growing exponentially–and welcoming a major LRT and dozens of new condo towers over the next 10 years–the increase in hotels makes sense.
In fact, the city is actively working on a tourism strategy while consistently touting its commercial sector (Mississauga is a pretty big hub for business travellers, as the city is home to more than 60 Fortune 500 companies).
A few years ago, Mississauga adopted what is known as a Municipal Accommodation Tax (MAT) at a rate of four per cent on the purchase of short term accommodations within the city, with the eventual goal of using the money collected to promote tourism.
The MAT took effect on April 1, 2018, and besides hotels, online private short-term accommodation platforms like Airbnb and HomeAway are also subject to the tax.
While the Hyatt hotels will likely accommodate a mix of both business and leisure travellers, they’re not the only new hotels slated to call Mississauga home.
The glitzy Exchange District residential community–which will be located in City Centre–will also feature a boutique hotel.
We also recently found out that Mississauga has approved the construction of a brand new Residence Inn by Marriott hotel. The five-storey hotel will be located at 2145 North Sheridan Way, just west of Erin Mills Parkway.
Will you be taking a staycation in Mississauga soon?
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