Foreign investment continues to bolster Canadian hotel marketAugust 16, 2017 12:21 pm
Western Canada’s hotel sector is firing on all cylinders thanks to increased demand from both domestic and international investors in major markets such as Calgary and Vancouver.
Canada’s lodging market provides foreign investors with an attractive, steady flow of capital thanks to stable political and legal environments, according to Colliers International. Colliers’ 2017 Canadian Hotel Investment Report states Canada’s hotel market recorded $4.1 billion in transaction value in 2016 and is on track to exceed $3 billion in volume in 2017.
Categorized in: Western Investor