Susie Grynol resigns from HAC, appointed VP at Marriott International
The Hotel Association of Canada (HAC) has announced the resignation of Susie Grynol from her position as president and CEO, effective June 3rd, 2024
Q4 2021 Canadian cap rates and investment insights CBRE Hotels.
Investment insights from Mark Sparrow, executive vice president of CBRE Hotels.
Investment Trends from Paul Morassutti, vice chairman, Valuation & Advisory Services
The Canadian commercial real estate investment market continued its run of impressive performance in Q4 2021. Single asset investment activity was once again exceptionally robust and the quarter also saw the return of M&A activity with several significant portfolio transactions and REIT privatizations closing over the period. National volumes are poised to set a new annual record in 2021, surpassing the $50.0 billion benchmark by a significant margin.
Cap rates declined across nearly all asset classes in Q4 2021. Given compressed cap rates for industrial and multifamily properties, investors have become increasingly willing to consider retail, office, and alternative assets in a search for yield.
Q4 2021 Cap Rates: Hotel
Downtown Full Service 7.19% ^
Suburban Limited Service 8.56% ^
Focused Service 7.98% ^
The Hotel Association of Canada (HAC) has announced the resignation of Susie Grynol from her position as president and CEO, effective June 3rd, 2024
To commemorate International Women’s Day 2024, Choice Hotels Canada presents the remarkable journeys of four distinguished women leaders within the Canadian hotel sector. Their stories of resilience, innovation, and…
Atlific Hotels has appointed Christine Kennedy to chief executive officer.
Marriott International has appointed Susie Grynol and Keri Robinson to its Canadian senior leadership team.