Colliers Hotels is pleased to release the 28th edition of the Canadian Hotel Investment Report. The report provides an in-depth look at 2022 transaction activity and insights on the road to recovery for the Canadian lodging industry, as well as an outlook for the hotel investment market in 2023.
- A faster than expected operating recovery and investor optimism supported overall healthy hotel investment volume of over $1.6 billion in 2022.
- The hotel transaction market saw participation from a well-balanced buyer pool with a predominate focus on acquisitions for ongoing hotel use.
- Catch-up capital post-pandemic will continue to propel the market this year as equity remains plentiful for deals small to large.