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Market Reports
Market Reports
Mar 14, 2024
2024 Canadian Hotel Investment Report
Despite interest rate headwinds, sustained investor interest and strong operating conditions kept the hotel real estate market active in 2023 with transaction volume of $1.7 billion.
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Feb 9, 2024
Victoria Retail Market Report Q4 2023
The Greater Victoria retail market experienced a stable year, with both downtown street front and shopping centre leasing activity remaining on par with historical record. At the end of 2023 street front vacancy was recorded at 9.2%, down 100 basis points year-over-year (YoY), with 16.3% of overall vacant street frontage slated for redevelopment. Shopping centre leasing activity levels remained consistent in 2023, with vacancy levels at 2.6%. Overall shopping centre absorption levels totaled 172,753 square feet, largely due to the introduction of new product that came to the market already leased.
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Client Success
Client Success
Aug 9, 2023
Marriott Ottawa Hotel
Colliers Hotels is pleased to announce the sale of the Marriott Ottawa Hotel on behalf of InnVest Hotels to Manga Hotels.
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Jun 12, 2023
Fairmont Hot Springs Resort
Colliers Hotels and Colliers Unique Properties are pleased to announce the sale of the Fairmont Hot Springs Resort to Aldesta Hotel Group.
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