Colliers Q4 2024 Canadian Hotel Investment Report

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.

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