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Enhanced Facilities: Hospitality and Recreation Sector Cohort

MaRS, in collaboration with RBC, has announced the launch of the Better Buildings: Hospitality and Recreation Business Cohort. This 18-month initiative is designed to support hotels and motels in improving their operational efficiency, lowering costs, and enhancing the overall experience for their guests.

The program aims to equip participants with the knowledge and tools necessary for implementing sustainable practices and optimizing resource use. By focusing on reducing operating expenses, the initiative hopes to alleviate financial pressures on hospitality businesses while simultaneously promoting a more eco-friendly approach.

Key components of the program include workshops, mentorship opportunities, and access to best practices tailored specifically for the hospitality and recreation sectors. Participants will benefit from expert guidance in areas such as energy efficiency, water conservation, and waste management strategies that can lead to significant savings in operational costs.

Furthermore, the cohort will enhance customer experience by fostering a more sustainable environment. As consumers increasingly value sustainability, hotels and motels that adopt these practices are likely to attract a larger clientele and improve their market competitiveness.

To kick off the program, an informational webinar is scheduled for July 30. This session will provide insights into the objectives and structure of the Better Buildings initiative. It will also serve as an opportunity for potential participants to ask questions and learn how they can benefit from joining the program.

By participating in the Better Buildings: Hospitality and Recreation Business Cohort, hotels and motels are encouraged to rethink their operations and invest in methodologies that align with modern sustainability goals. The long-term vision of the program is not just to drive individual successes but to create a ripple effect in the broader hospitality industry, promoting widespread adoption of sustainable practices.

Emphasizing collaboration and shared learning, the cohort will also foster a community where hospitality professionals can connect and exchange ideas. This network will enable participants to share experiences, challenges, and solutions, fostering innovation and continuous improvement within the sector.

Overall, the Better Buildings initiative represents a strategic step towards a greener and more efficient future for hospitality businesses. By focusing on sustainability, operating cost reduction, and enhanced customer experiences, MaRS and RBC aim to empower hotels and motels to thrive in a competitive market while positively impacting the environment.

In summary, the launch of the Better Buildings: Hospitality and Recreation Business Cohort signifies a proactive approach to address some of the most pressing challenges faced by hotels and motels today. The program's emphasis on sustainability, efficiency, and customer satisfaction aligns perfectly with current industry trends and consumer expectations. Through education, collaboration, and strategic investments in operational practices, participating businesses will be well-positioned to enhance their overall performance and contribute to a more sustainable future.



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MaRS is the world's largest urban innovation hub in Toronto that supports startups in the health, cleantech, fintech, and enterprise sectors. When MaRS opened in 2005 this concept of urban innovation was an untested theory. Today, it’s reshaping cities around the world. MaRS has been at the forefront of a wave of change that extends from Melbourne to Amsterdam and runs through San Francisco, London, Medellín, Los Angeles, Paris and New York. These global cities are now striving to create what we have in Toronto: a dense innovation district that co-locates universities, startups, corporates and investors. In this increasingly competitive landscape, scale matters more than ever – the best talent is attracted to the brightest innovation hotspots.

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