CBRE is the world’s largest real estate services provider, with a preeminent leadership position in virtually all key business centers globally. CBRE Hotels, with dedicated teams in the Americas, EMEA and Asia Pacific, is a specialized advisory group within CBRE, providing owners, operators, financial institutions, developers and investors in the hotel sector with a single global source for lodging and hospitality consulting, valuation, research, brokerage and capital markets services. CBRE Hotels is comprised of over 375 dedicated hospitality professionals located in 60 offices across the globe.
CBRE Hotels is also the largest and most qualified hotel valuation and advisory group in Canada, with over 200 years of combined operational, development, valuation and advisory experience specific to the hospitality and tourism industry. We have worked with every major hotel-related company in Canada.
Our team maintains the only comprehensive and confidential proprietary database on the accommodation industry in Canada. The Financial Trends database includes full operating statements for over 30% of the hotel industry and goes back over 40 years in Canada. Our top line National Market Trends database monitors monthly occupancy and average daily rate performance for over 40% of the industry and goes back over 25 years. The level of participation in our databases demonstrates our commitment to confidentiality, and enables us to examine the top line, operating structure, and bottom-line performance of participating properties, and bring that knowledge to our engagements. We have also been preparing Annual Industry Outlooks for the Canadian accommodation sector for over 20 years.
Serving the country nationally, with professionals located in our Vancouver and Toronto offices, the CBRE Hotels’ VAS group provides development, valuation, and advisory services to over a billion dollars' worth of hotel assets annually. Each of our professionals is a member or candidate member of one or more of the Valuations and Advisory sectors leading accrediting bodies including the Appraisal Institute of Canada, the Royal Institution of Chartered Surveyors, the International Society of Hospitality Consultants, and the Canadian Association of Management Consultants.
CBRE Hotels is actively involved in the industries that it serves. Our team members regularly present at industry conferences, author articles for industry journals and sit on numerous committees and boards. This involvement includes memberships in over 25 sector associations across Canada, providing the opportunity to keep in touch with and provide feedback to the industry.
Property Tax Services, At CBRE, we achieve property and transaction tax savings and refunds for our clients by providing expert tax strategies while executing property tax appeal services and property tax advisory services throughout North America.
The Land and Development Team is comprised of dedicated, specialized professionals focusing on land appraisal across all land types including high, medium and low density residential, industrial, office and retail land in the Greater Golden Horseshoe area and Southwestern Ontario.
CBRE Hotels prepares annual industry outlooks for the Canadian accommodation industry. CBRE presented our 2022 outlook for Canada's provinces and 13 major markets and our 5-year national outlook in March. The following is the audio and visual recording of the presentation.
An annual analysis of the economic impact of the hotel industry in Canada on behalf of the Hotel Association of Canada (HAC). This includes a summary of the distribution of hotels and hotel rooms by province as well as the direct and indirect revenues and employment generated by the hotel sector on a national and provincial level.
With the acquisition of PKF Consulting’s Canadian practice, CBRE now maintains the only proprietary data base on the accommodation industry in Canada. On an annual basis about 650 properties (120,000 rooms) provide us with their detailed operating statements, while on a monthly basis we obtain and monitor the rate and occupancy of 1,900 properties representing over 60% of the Canadian industry’s 370,000 rooms. The CBRE database has been in place for over 20 years. The confidentiality of individual property data is of the utmost importance; however we have the ability to examine the top line, operating structure and bottom line performance of these individual properties, and bring that knowledge to our engagements.
This statistical review of operating and financial information is voluntarily contributed by hotels, motels and resorts from across Canada. CBRE Hotels Trends database contains in excess of 650 properties representing over 120,000 rooms. The most recent edition offers readers a summary of the national accommodation market performance for the recent calendar year ending December 31st, in addition to a complete comparative analysis of the previous year’s operating results.
On a monthly basis, CBRE Hotels obtains and monitors the occupancy, average daily rate and revenue per available room of 1,900 properties representing almost 60% of the Canadian industry’s 370,000 rooms. Top-line operating results are tracked nationally and by region; province; key urban markets and submarkets across Canada.
Users of this information are advised that CBRE Limited does not represent the information contained herein to be definitive or all-inclusive. CBRE Limited believes the information to be reliable, but is not responsible for errors or omissions.
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