TORONTO — Colliers has released its Q2 2024 INNvestment Canada Report.
Robust sales activity in the second quarter elevated mid-year hotel investment volume to $1.3 billion, up 20 per cent 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 more than $100 million trophy transactions.
To download the report, click here.
