HASCAP

Canadian hoteliers get needed COVID-19 relief

Canadian Property Management

Canadian hoteliers get needed COVID-19 relief

Relief helps to offset a year when RevPAR plummeted by 60 per cent relative to 2019 and the 12-monrh average hotel occupancy rate barely nudged above 33 per cent.
HASCAP low-interest loan rollout now underway

Canadian Property Management

HASCAP low-interest loan rollout now underway

Loans of $25,000 to $1 million will be available through the Highly Affected Sectors Credit Availability Program (HASCAP), fully guaranteed by the Business Development Bank of Canada.