Full service hotel purchases in Canada amounted to 693 million Canadian dollars, whereas focused service transactions only reached 368 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 from 2019 to 2022, by segment
(in million Canadian dollars)
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Colliers International. (March 15, 2023). Value of hotel transactions in Canada from 2019 to 2022, by segment (in million Canadian dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International. "Value of hotel transactions in Canada from 2019 to 2022, by segment (in million Canadian dollars)." Chart. March 15, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International. (2023). Value of hotel transactions in Canada from 2019 to 2022, by segment (in million Canadian dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International. "Value of Hotel Transactions in Canada from 2019 to 2022, by Segment (in Million Canadian Dollars)." Statista, Statista Inc., 15 Mar 2023, https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
Colliers International, Value of hotel transactions in Canada from 2019 to 2022, by segment (in million Canadian dollars) Statista, https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/ (last visited December 19, 2024)
Value of hotel transactions in Canada from 2019 to 2022, by segment (in million Canadian dollars) [Graph], Colliers International, March 15, 2023. [Online]. Available: https://www.statista.com/statistics/1051550/hotel-transaction-volume-canada-by-segment/
