Hotel INNvestment Canada Report Q3 2018

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Q3 saw approximately $267 million of lodging transactions across Canada, pushing the year-to-date total to over $1.1 billion. Download the Hotel INNvestment Canada Q3 Report which includes a real estate debt update contributed by RBC Capital Markets Equity Research and RBC Economics Research.

Q3 Highlights:

  • Ontario was the top province for hotel investment with 12 transactions representing more than 60% of Q3 volume. 
  • Sales activity in Alberta continued to rise year-over-over, ranking as the second most active province for trading in Q3 with $42 million in volume. 
  • First Capital Realty’s (TSX: FCR) purchase of a 60% interest in Toronto’s luxury Hazelton Hotel for $44.4 million marked the first hotel acquisition by a public company this year.

Hotel Investment

Hotel INNvestment Canada Report Q3 2018

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For More Information, Please Contact:

Fraser Macdonald

Director | Hotels | Canada

Toronto Downtown

Fraser has been involved in more than $3 billion of lodging transactions across Canada and the Caribbean since joining Colliers in 2013. In his position as Director, Fraser works closely with the national hotel brokerage team with a focus on financial underwriting, business and proposal development and strategic research.  Fraser provides customized market intelligence for clients on trends influencing lodging investment in Canada and leads production of Colliers’ hotel research including the INNvestment Canada Quarterly Hotel Reports and the Canadian Hotel Investment Report. 

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