Canadian hotel investment volume reached approximately $2.0 billion in 2024, up 16% year-over-year with support from record operating performance and ample capital availability.
Canadian hotel investment volume reached approximately $2.0 billion in 2024, up 16% year-over-year with support from record operating performance and ample capital availability.
Q4 in Review: The Canadian hotel investment market saw 24 transactions totalling approximately $354 million in the last quarter, representing 18% of the year’s total.
Regional Concentration: Sale volume in 2024 was concentrated in Ontario (47%), Alberta (19%), and British Columbia (14%), elevated from several high-water mark trades within the provinces’ major markets
Download the latest INNvestment Canada Hotel Report for preliminary transaction highlights as well as a special feature from Laura Baxter, Director of Hospitality Analytics, Canada at CoStar Group reflecting on hotel performance in 2024 and trends shaping 2025.