Cushman & Wakefield’s Valuation & Advisory Hospitality & Gaming Practice Group provides consulting and valuation services for new and existing hotel properties across the globe. We are pleased to share our latest Canadian Lodging Industry Overview for 2018 and beyond.
As year-end approaches, it appears 2018 will be another successful year for the Canadian hospitality industry. Hotels and resorts in most parts of Canada are performing at all-time highs with record occupancy, Average Daily Rates (ADR), and revenue. At the same time, the demand for hotel investments combined with record profits has driven asset values to all-time highs.
For more information about this report, or the hospitality market, please contact us.