We highlight the key dynamics of the Canadian hospitality sector, along with a glance at the hotel cap rates across Canadian markets.

This year kicked off with a shift in gears for the GTA’s industrial market. Overall vacancy inched up by 20 basis points (bps) to 1.1% on the heels of six straight quarters below the one percent mark. The uptick was due in large part to the addition of new vacancies from the older stock of less efficient buildings. 

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.