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Victoria hotel sells for $41 million amid strong outlook for B.C. hospitality investment

Synvest Capital buys Royal Scot Hotel in off-market deal
The Royal Scot Hotel in downtown Victoria, British Columbia, was built in 1970. (CoStar)
The Royal Scot Hotel in downtown Victoria, British Columbia, was built in 1970. (CoStar)
CoStar News
February 5, 2026 | 12:20 AM

A 1970s-era hotel in Victoria sold for $41 million in the latest example of strong investor demand for hospitality properties in British Columbia, where there's a shortage of hotel rooms.

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News | Victoria hotel sells for $41 million amid strong outlook for B.C. hospitality investment