Colliers International Hotels Q2 2016 INNvestment Canada (PDF Download)
2016 on-track for record transaction volume
The higher the star classification of the hotel, the more positive the review is likely to be (the number of positive reviews on five star hotels was 80%, compared to 70% on four star properties).
The Canadian hotel real estate market continued its positive momentum through the first quarter of 2016 with aggregate transaction volume of approximately $331 million. Download the Q.1 transaction report which also includes a Canadian Tourism Snapshot from Destination Canada.
The Canadian hotel real estate market was off to a strong start in Q.1 2015 with approximately $730 million in total transaction volume, almost quadruple deal volume from Q.1 2014. Download the report which also includes an article contributed by the Canadian Tourism Commission on Canadas global tourism performance in 2014.