The average size of a full service hotel deal in Canada was 42.4 million Canadian dollars, whereas focused service hotel deals only reached 16.6 million Canadian dollars on average. 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.
Average deal size of hotel transactions in Canada in 2019, by segment (in million Canadian dollars)
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Colliers International. (April 23, 2020). Average deal size of hotel transactions in Canada in 2019, by segment (in million Canadian dollars) [Graph]. In Statista. Retrieved May 31, 2023, from https://www.statista.com/statistics/1051649/hotel-average-deal-size-canada-by-segment/
Colliers International. "Average deal size of hotel transactions in Canada in 2019, by segment (in million Canadian dollars)." Chart. April 23, 2020. Statista. Accessed May 31, 2023. https://www.statista.com/statistics/1051649/hotel-average-deal-size-canada-by-segment/
Colliers International. (2020). Average deal size of hotel transactions in Canada in 2019, by segment (in million Canadian dollars). Statista. Statista Inc.. Accessed: May 31, 2023. https://www.statista.com/statistics/1051649/hotel-average-deal-size-canada-by-segment/
Colliers International. "Average Deal Size of Hotel Transactions in Canada in 2019, by Segment (in Million Canadian Dollars)." Statista, Statista Inc., 23 Apr 2020, https://www.statista.com/statistics/1051649/hotel-average-deal-size-canada-by-segment/
Colliers International, Average deal size of hotel transactions in Canada in 2019, by segment (in million Canadian dollars) Statista, https://www.statista.com/statistics/1051649/hotel-average-deal-size-canada-by-segment/ (last visited May 31, 2023)
Average deal size of hotel transactions in Canada in 2019, by segment (in million Canadian dollars) [Graph], Colliers International, April 23, 2020. [Online]. Available: https://www.statista.com/statistics/1051649/hotel-average-deal-size-canada-by-segment/