Volume of hotel transactions in Canada 2003-2020
The coronavirus (COVID-19) pandemic had a severe impact on hotel investment activity. The volume of hotels purchased in Canada was 71 in 2020, down from 129 transactions in the previous year. 2016 was the strongest year in the past decade and a half with 242 transactions.
As of 2020, hotel transactions in Canada amounted to approximately 862 million Canadian dollars.
As of 2020, hotel transactions in Canada amounted to approximately 862 million Canadian dollars.
