Approximately $226 million of hotel transactions occurred across Canada in the first quarter of 2019 with 29 deals reported. Download the latest INNvestment Canada Hotel Report which includes an updated Canadian Tourism Snapshot by Colliers International Hotels.
- Overnight travel demand into Canada reached a new record in 2018, continuing a robust growth trend after a decade-plus soft patch.
- Average price per room metrics for hotel investment sales remained stable year-over-year at $81,700.
- 75% of hotel investment activity took place in the Eastern half of the country, primarily in Ontario.