Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

​​InnSights Quarterly Q3 2023 Hospitality Report​

Brian Flood • 11/20/2023
We highlight the key dynamics of the Canadian hospitality sector, along with a glance at the hotel cap rates across Canadian markets.

Innsights Article

While 2023 will be a record year for the hotel industry in Canada, the outlook for growth is more muted going into 2024. At the same time, the sector continues to outperform most other major real estate asset classes which have struggled in the post pandemic period. While the overall market is strong, there are still areas for future growth to occur as we have not seen the recovery in US and International travel or in the group and corporate segments. City-centre hotels continue to recover to pre-COVID demand levels; however, the lack of new supply and tighter regulations around Airbnb will assist in demand recovery. 

Download the report to learn more. 

Related Insights

Canada Skyline
Research

Canadian Lodging Industry Overview

Our annual Lodging Industry Outlook recaps the results for this past year, highlight some of the key transactions, and identify emerging trends.
Brian Flood • 2/21/2024
CA-Perspective-Q12021_Web-Card
Research • Investment / Capital Markets

Canadian Cap Rates Perspective Report

​​​Central banks will pivot when wage growth starts to cool to a sustainable pace. This will be the inflection point in the commercial real estate (CRE) cycle as we need to see the central banks pivot before we can start to see real momentum form.
Kristina Bowman • 1/9/2024
student housing
Research • Valuation

Canadian Student Housing Overview

​Our latest report for 2023 outlines how international student growth rebounded over the last two years, the current development pipeline, operating ratios and recent trades.
Brian Flood • 4/10/2023

HOW CAN WE HELP?

Call us today or schedule a meeting to discuss what’s next.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS