The Best Luxury Hotels in Toronto for Business Travellers
Toronto is a serious business city — the financial capital of Canada, a genuine North American hub, and a hotel market that has matured significantly over the last decade. The top tier of properties here competes credibly with any comparable city, and for the business traveler who doesn't want to think too hard about where to stay, there are now several properties that will simply never let you down.
Four Seasons Toronto
The Four Seasons in Yorkville is the most straightforward answer to the question this article is asking. It opened in 2012 and immediately set a new standard for the city — large rooms, exceptional service infrastructure, and a location that puts you in the best neighbourhood in Toronto without sacrificing access to the financial district. Café Boulud downstairs handles business meals from breakfast through dinner without a weak moment. For the traveler who wants the city's best hotel and no surprises, this is it.
The Ritz-Carlton Toronto
The Ritz sits in the financial district itself, which makes it the natural choice if your meetings are concentrated downtown and you want to minimize transit time. The rooms are well-executed, the service is polished, and the building shares a tower with the residences in a way that gives the upper floors genuinely impressive city views. DEQ Lounge is a reliable spot for a quiet drink after a long day. It's a less characterful property than the Four Seasons but arguably more convenient for a certain kind of trip.
Bisha Hotel
Bisha is where the Four Seasons goes when it's off duty. It's design-forward, King West-adjacent, and attracts a creative and entertainment industry crowd that distinguishes it from the more conventional luxury tier. The rooftop pool is the best in the city during summer, the Kost restaurant has a loyal following, and the rooms are stylish without sacrificing comfort. For a business trip that involves dinners, events, or any entertainment component, Bisha's location and energy make it the more interesting choice. It's not for everyone, but the people it's for tend to be loyal.
Hotel X Toronto
Hotel X is an unusual property that rewards a second look. It sits on the Exhibition Place grounds near the lake — further from downtown than the other options here — but the facilities are extraordinary for an urban hotel: multiple pools, a full athletic facility, tennis courts, a rooftop cinema. For a multi-day executive retreat or a group that wants to combine serious work with genuine recovery, nothing in the city competes on amenities. The isolation that might deter a solo traveler becomes an asset when the goal is keeping a group focused and well-rested.
Hazelton Hotel
The Hazelton is the Yorkville boutique that the Four Seasons' neighbours book when they want something more intimate. Fifty-seven rooms, a residential quiet that larger properties can't manufacture, and a level of service attention that reflects the scale. The ONE restaurant and bar has a celebrity-adjacent reputation that can work for or against it depending on your purpose, but the rooms themselves are among the most thoughtfully designed in the city. For a solo trip or a stay where you want to feel like a resident rather than a guest, the Hazelton earns its place at the top of the list.
A note on neighbourhoods
Toronto's business geography matters more than it might appear on a map. The financial district, Yorkville, and King West each have a distinct character, and where you stay will shape what your non-meeting hours feel like. The Ritz puts you in the core; the Four Seasons and Hazelton put you in the city's most affluent retail and dining neighbourhood; Bisha puts you in the creative and hospitality corridor. Hotel X is its own world entirely. None of these is a wrong answer — but they're meaningfully different experiences of the same city.
