Hotel Resource - Colliers International News

Colliers International Hotels invited Carrie Russell, Managing Director of HVS Consulting to provide a glimpse into Canadian hotel operating performance, focusing on how the market has tracked since the previous RevPAR peak in 2008. The analyses covers market performance and zeros in on regional markets in Western, Central and Eastern Canada.

Download this year's report which provides a comprehensive breakdown of the transaction market in 2011, regional and market segment analysis, buyer profiles, cap rate analysis and an economic, operating and supply growth overview.

Deal volume soared by 54 per cent in 2011, surpassing $1 billion; Price-Per-Room value also rose by 30 per cent to $108,000

With nearly $1.1 billion in hotel transaction activity across the country in 2011, the year ended as the highest year in volume since 2007 and the fifth highest year on record for volume since we began tracking trends in 1985. The overall transaction market saw strong improvements across all metrics. Complete details will be released in our 2012 Canadian Hotel Investment Report which will be published prior to the end of Q1 2012.

Planning for Successful Hotel Capital Projects - Year-to-Date Transaction Market Highlights

Transaction volume soars by 73 per cent with Average Price Per Room rising 27 per cent; Western-Canada led 2010 market rebound

Availability of credit key factor in investment decision

Mid-year transaction volume rose to an estimated $273 million with 32 hotels trading nationally. Although the number of trades declined from the 42 reported in the same period last year, aggregate volume increased 12% from the $244 million on-record for the first six months of 2009.

Includes a summary of full-year transaction pricing and capitalization rates.

The 2010 Canadian Hotel Investment Report provides an analysis of the investment fundamentals that drove the Canadian lodging industry in 2009 and outlines the forecast for 2010 including data and intelligence on a variety of market measures such as transaction volume, per room pricing, buyer profiles, capitalization rates and room supply.