Mississauga’s hotel construction niche is shaped by airport demand, major event venues, and rule changes that directly affect how projects get designed, financed, and delivered. Start with the demand story. Toronto Pearson processed 46.8 million passengers in 2024, and the airport is investing through its long-term Pearson LIFT program. The traffic and capital plan continues to anchor hotel performance in the Airport Corporate Centre and along major city corridors.

The group and events business is another durable driver. The International Centre features multiple exhibit halls, ranging in size from 30,000 to 125,500 square feet, with a total exhibit capacity exceeding 500,000 square feet. The Mississauga Convention Centre features a main ballroom of approximately 25,500 square feet, complemented by about 35,000 square feet of additional function space. These venues attract year-round traffic, supporting new key developments, renovations, and brand repositioning.

Transit upgrades strengthen the case for new sites outside the airport ring. The Hazel McCallion Line will bring 19 stops over 18 kilometres from Port Credit to the Brampton Gateway area, connecting with GO, MiWay, and the Transitway. Station adjacency near Square One and Port Credit should enhance the feasibility of mixed-use hotel projects, particularly where walk times to platforms are short.

Waterfront growth is a third tailwind. Vertical construction at Lakeview Village commenced in 2025, as part of the multi-decade redevelopment of the former power station site spanning 177 acres. As phases deliver housing, parks, and commercial space, hospitality uses can follow to serve visiting families, project teams, and lakeside events.

On the supply side, formats are evolving. Canada’s first Hyatt dual-branded property opened in Mississauga in July 2025, combining Hyatt Place for short stays with Hyatt House for extended stays under one roof. The blend addresses local demand patterns that combine airport overnights, week-long training, and project-based assignments.

Local rules have moved, too. Mississauga’s Municipal Accommodation Tax is six percent for stays of 30 days or less. Operators must collect and remit, and developers should ensure systems and models reflect the current rate. Council documentation shows that the increase from four to six percent was approved for implementation, and the city’s MAT page confirms the six percent rate as of today.

Design teams now have a wider structural toolkit. The 2024 Ontario Building Code took effect on January 1, 2025, and allows encapsulated mass timber construction up to 18 storeys, creating a lower-carbon pathway for select hotel programs where brand standards and supply chains permit it.

Delivery and cash flow discipline are non-negotiable. Ontario’s Construction Act prompt payment regime requires owners to pay a proper invoice within twenty-eight days unless a notice of non-payment is issued, with cascading timelines to contractors and subcontractors. Contracts, billing calendars, and project controls should be aligned to avoid unexpected adjudication surprises during the build.

What does this mean for a Mississauga hotel project in 2025? Sites near Pearson and the event spine still pencil well. LRT proximity will open new nodes along Hurontario. Waterfront phases at Lakeview are adding neighbourhood gravity. Teams that underwrite with the six percent MAT, design to the current code, consider mass timber where it fits, and run a prompt payment compliant contract stack will position their projects to deliver on time and at the quality level brands and lenders expect.