Colliers International Hotels Q1 2011 INNvestment Canada
Planning for Successful Hotel Capital Projects - Year-to-Date Transaction Market Highlights
Planning for Successful Hotel Capital Projects
With the economy continuing to improve in the early part of 2011, hotel owners across the country are now revisiting renovation plans, which were largely put on hold when the economic storm hit in the later part of 2008. As top-line operating performance continues to show impressive gains, brands are starting to demand that property improvement plans be implemented.
Colliers asked Arlene Dedier, Senior Project Manager with MHPM to comment on planning for successful hotel capital projects
Year-to-Date Transaction Market Highlights
Hotel transaction activity in Canada totaled $112 million in Q1 2011. Approximately 57% of trading activity occured in the West versus 43% in the East with the growing availability of debt capital accelerating the average size of hotel transactions nationwide.
Download the Q1 newsletter for a year-over-year comparison of the transaction market, listing of YTD hotel trades and our forecast for the balance of the year.
Click here to access the Colliers International Hotels Q1 2011 INNvestment Canada newsletter
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- Colliers International Hotels Q4 2011 INNvestment Canada
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- Global Hotel Development Pipeline April 2012
- Hotel Transaction Volumes in Miami to Reach Second Highest Level in a Decade in 2012
- Positive Investment Sentiment for Polish Hotels
- Positive Investor Sentiment for Quality Hotels in Amsterdam
