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INNvestment Canada Hotel Report Q3 2021

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research article
Twenty months into the Covid-19 pandemic, the Canadian tourism industry is now on a glide path to normalcy. Investor sentiment for the lodging asset class continues to improve with transaction volume through Q3 reaching nearly $1.1 billion, surpassing full-year volume in 2020 and pacing close behind comparable levels of pre-Covid investment activity in 2019. 

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INNvestment Canada Hotel Report Q3 2021

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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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Russell Beaudry

Senior Director | Hotels

Vancouver

Russell joined Colliers in 2008 and has over 15 years experience in the lodging industry. Working closely with the Colliers team and clients, he directs brokerage and advisory assignments. In addition to transaction and advisory responsibilities, he oversees research and marketing initiatives, as well as special projects.

Prior to Colliers, Russell held positions at Marriott and Four Seasons. He earned a bachelor’s degree in Commerce from Ryerson University’s School of Hospitality and Tourism Management and holds a certificate in Hotel Real Estate Investments and Asset Management from Cornell University.

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Robin McLuskie

Managing Director | Hotels

Toronto Downtown

Robin has been with Colliers since 2003 and is responsible for hotel and resort investment sales, business development and client management. As Managing Director of Canadian hotel brokerage operations, she is an industry leader representing Canada's largest hotel owners, focusing on developing long-term client relationships and helping to establish Colliers as the advisor of choice to institutional capital and private investors.

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