Colliers International Hotels is pleased to release the results of the Canadian Hotel Investment Sentiment Survey. 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 countries, according to the Conference Board of Canada.
- On a percentage point basis investors intending to sell as a primary strategy in 2018 more than doubled year-over-year to 12.5%.
- 76% of investors reported that their sentiment for hotel investment over the next 3 - 5 years is positive — The highest indication since 2010.
- Toronto, Vancouver, Montreal, Calgary and secondary/tertiary Ontario markets round out the top five hotel investment markets for 2018
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