Canadian Hotel Transaction Trends

Colliers International Hotel INNvestment Canada Report Q4 2017 (PDF Download)

- Solid economic performance and record tourist arrivals continue to propel Canada’s lodging sector as investors remain eager to invest in lodging real estate with $3.5 billion of transaction volume in 2017.

Canada’s economy shifted into high gear in 2017 with GDP expanding by 3.0%; the strongest growth rate since 2011 and registering as the fastest advance among the G7 countries1. Robust growth in employment and consumer spending, notable government infrastructure investment and a sizable rebound in oil prices continue to propel Canada’s economy with 2018 expected to expand by a healthy 2.1%1. 

A new record for tourist arrivals in 2017 benefited Canada’s lodging sector with national RevPAR up 7.7% for the year as demand surged ahead by 3.2%, far outstripping supply growth of 0.8%2. Canadian hotel transaction volume of $3.5 billion was also notable with continuing favourable market dynamics and investor outlook driving positive momentum for 2018. 

Hotel INNvestment Canada Report Q2 2017 - CoverDownload the report

Logos, product and company names mentioned are the property of their respective owners.