Hotel transaction activity accelerated in Q4 with approximately 52 transactions totaling more than $850 million, representing the third largest quarter for hotel investment by volume since the global financial crisis. The strong end to the year pushed annual transaction volume to just under $2 billion, more than doubling that of 2020 and up 13% from 2019.
Download the latest INNvestment Canada Hotel Report for additional highlights as well as a special feature covering government support programs available for 2022 by the Hotel Association of Canada.