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Colliers Q2 2024 Canadian Hotel Investment Report – Image Credit Colliers
Robust sales activity in the second quarter elevated mid-year hotel investment volume to $1.3 billion, up 20% year-over-year.
Robust sales activity in the second quarter elevated mid-year hotel investment volume to $1.3 billion, up 20% year-over-year.
National average pricing metrics remained strong versus historical trends at $163,000 per key, although pacing below record levels seen in 2023 due in part to the absence of +$100 million trophy transactions.
Download the latest INNvestment Canada Hotel Report for preliminary transaction highlights as well as an update on lodging performance and tourism trends.