Colliers Hotels

Hotel deal activity projected to pick up in Q2

Canadian Property Management

More hotel deal activity projected beyond Q2

Of the 21 transactions totalling approximately $197 million in value during the first quarter of 2021, seven properties were sold for redevelopment or conversion to other uses and three were distressed sales.
hotel recovery relies on impulsive staycationers

Canadian Property Management

Hotel recovery relies on impulsive staycationers

Following what’s characterized as the most difficult quarter yet recorded for Canadian hotel owners and operators, industry analysts are tracking the arduous climb back from the early April trough.