The Canadian hotel space: ripe for investment

The outlook for the Canadian Hotel segment is looking ripe for investment according to a recently released report from the CBRE. The CBRE Canada’s 2018 Hotels Outlook Report showed that there was strong operational performance which is expected to continue in this year. The report indicated that hotel-investment volume reached $3.4 billion in 2017 and $4.1 billion in 2016. These years were marked by a higher volume of merger and acquisition deals which had not been a trend in this industry for quite some time. The healthy state of Canada’s hospitality segment is positively influenced by low-interest rates, lower Canadian dollar valuations, continued economic growth, increased business travel and a budding tourism industry. In 2018, it is also expected that there will be an influx of conference and convention activity in major metropolitan cities in Canada. As such, these factors indicate that the demand in the Canadian hospitality space is trending. There are three…

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