Full service hotel purchases in Canada amounted to 932 million Canadian dollars, whereas focused service transactions only reached 232 million Canadian dollars. Focused service hotels focus on specific demographics of travelers, such as families or single business travelers, while full service hotels cater to all travelers and usually provide on-site facilities, e.g. fitness studio, swimming pool, conference services.
Value of hotel transactions in Canada in 2019, by segment (in million Canadian dollars)
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Colliers International. (April 23, 2020). Value of hotel transactions in Canada in 2019, by segment (in million Canadian dollars) [Graph]. In Statista. Retrieved April 17, 2021, from https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International. "Value of hotel transactions in Canada in 2019, by segment (in million Canadian dollars)." Chart. April 23, 2020. Statista. Accessed April 17, 2021. https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International. (2020). Value of hotel transactions in Canada in 2019, by segment (in million Canadian dollars). Statista. Statista Inc.. Accessed: April 17, 2021. https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International. "Value of Hotel Transactions in Canada in 2019, by Segment (in Million Canadian Dollars)." Statista, Statista Inc., 23 Apr 2020, https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International, Value of hotel transactions in Canada in 2019, by segment (in million Canadian dollars) Statista, https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/ (last visited April 17, 2021)