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Despite Challenges, Canada Hotel Sector Draws Positive Attention and Liquidity

Rebound Results in Positive Response From Commercial Real Estate Sector
Hotels are a standout asset class in Canada’s commercial real estate sector. Pictured is the St. Regis Toronto, owned by InnVest Hotels. (CoStar)
Hotels are a standout asset class in Canada’s commercial real estate sector. Pictured is the St. Regis Toronto, owned by InnVest Hotels. (CoStar)
CoStar Analytics
February 6, 2024 | 8:39 P.M.

Canada’s hotel industry has just achieved its best year on record and, though top-line growth is expected to moderate in 2024 and challenges still exist, the rebound from the pandemic has been remarkable and its positive impact is now unfolding.

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