Canadian Hotel Transaction Trends

Colliers International Hotels Q3 2015 INNvestment Canada (PDF Download)

Year-to-date volume reached $1.42 billion, a 71% increase year-over-year.

Colliers International The Canadian dollar and its impact on travel flows and hotel real estate: An in-depth look at how the sharp decline in the Canadian dollar is incentivizing increased travel into Canada as well as encouraging Canadians to travel domestically.

Q3 Market Highlights: 

Year-to-date volume reached $1.42 billion, a 71% increase year-over-year. 

A sharp decline in the Canadian dollar is incentivizing travel into Canada, as well as encouraging Canadians to travel domestically.

Cross-border travel into the country is up 6.9% year-to-date August 2015, representing approximately one million additional visitors year-over-year, according to Statistics Canada.

At the same time, outbound trips by Canadians are declining, particularly to the U.S. 

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