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Alam Pirani | Colliers | Toronto Downtown

Alam Pirani

Executive Managing Director | Hotels | Canada & Caribbean

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About

Professional Summary

Alam Pirani is Executive Managing Director of Colliers International Hotels based in the Toronto office. He leads the team of professionals responsible for hotel investment advisory services in Canada and the Caribbean and is an Executive Member of the Colliers Global Hotel Team. Alam’s specialized experience is in sourcing equity and debt capital for hotel and leisure investments and providing strategic advisory services for hotel and leisure-related assets. Since joining Colliers in 1991, Alam has been directly involved in portfolio and single asset and debt transactions with a market capitalization of over $10.0 billion in Canada and over $3.0 billion in the Caribbean acting on behalf of REIT’s, public companies, institutional investors, opportunity/investment funds and private capital sources.

Prior to joining Colliers, Alam was with the hotel and leisure time industries consulting firm of Laventhol & Horwath, where he was involved in advising clients on development, valuation and strategic planning in the lodging industry. Alam has also worked in various operations capacities with hotel companies and with a private real estate investment/development company. Alam received his formal education in Hospitality & Tourism Management at Ryerson University.

Accomplishments

- Recognized leader in the Canadian hotel real estate market with experience spanning a multitude of lodging property types and classes across the country.

- Executive member of Colliers’ Global Hotel Team.

- Guest speaker and moderator at numerous industry conferences, market updates and other engagements, in addition to being widely quoted in the media.

- Current member of the International Society of Hospitality Consultants, represented by some 200 of the industry’s most respected professionals from across six continents.

Education

Hospitality & Tourism Management, Ryerson University

Memberships & Involvements

International Society of Hospitality Consultants, Toronto Real Estate Board, Ontario Real Estate Association, Canadian Real Estate Association

Clients

InnVest Hotels, Sunray Group of Hotels, China Construction America, Westmont Hospitality Group, Easton's Group of Hotels, Vrancor Group Inc., Oxford, Silver Hotel Group, Northland Group, CWB, Ivanhoe Cambridge, Highgate, Jesta Group, Timbercreek

Services

Service Lines

Property Sales

Property Type

Hotel

My Team

Featured Research

Nov 17, 2021

INNvestment Canada Hotel Report Q3 2021

Investor sentiment for the lodging asset class continues to improve with transaction volume through Q3 reaching nearly $1.1 billion.
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Aug 23, 2021

INNvestment Canada Hotel Report Q2 2021

Hotel transaction activity picked up materially during the quarter with approximately 45 transactions totaling $548 million, pushing first half volume to near pre-COVID levels.
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May 5, 2021

INNvestment Canada Hotel Report Q1 2021

Activity in the lodging capital markets remained muted through Q1 which saw approximately $197 million in transaction volume with acquisitions for alternate use remaining a key driver of activity. Looking ahead, an anticipated cresting of the third wave as the vaccine roll-out gathers steam and growing deal pipeline indicate the sector is poised for a rebound in the second half of the year.
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Featured News

Jul 5, 2021

Canada’s hotel industry shows signs of recovery, resilience

Last year, with general uncertainty blanketing the hotel sector and almost two-thirds of hotel rooms sitting empty across Canada, there was a dramatic decline in hotel investment deals.
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