In Q2 2023 the hotel sector has continued to show strong results with growth in both occupancy and ADR compared to the same period in 2022. Most markets have continued to show strong growth in both demand and ADR; however, the general trend is towards slower year over year growth, corresponding with the slowing of inflation as we enter mid-year.
InnSights Quarterly Q2 2023 Hospitality Report
Brian Flood • 8/15/2023
Highlights the top topics the Canadian hospitality industry is facing, along with a glance at the hotel cap rates across Canadian markets.
Related Insights

Research • Investment / Capital Markets
Canadian Cap Rates Perspective Report
The correction in CRE started mid-2022 and this is not the first inning. Recovery speeds will vary based on product type, quality and geography, but a rebound is not far off.
Kristina Bowman • 7/19/2023

Research
Canadian Lodging Industry Overview
Our annual Lodging Industry Outlook recaps the results for this past year, the outlook for 2023, and emerging industry trends.
Brian Flood • 3/14/2023

Insights
Interest Rate Report Q4 2021: Inflation Isn't Coming, It's Already Here
The final quarter of 2021 was a hodgepodge for the economy. Canada achieved high rates of vaccination and began a booster campaign, schools remained open for the fall semester, and return-to-office momentum picked up.
1/26/2022