Hospitality Rebounds, Occupancy Rates Rise, Reports Reveal

Originally published on October 17, 2021, by Michael Tucker for

No property type’s fundamentals have rebounded as swiftly as the hotel sector’s, reported Colliers, Toronto.

“When summer ended, the hotel market was in a far different place than at the same time one year ago,” Colliers Research Director Aaron Jodka said in the firm’s Hotel Fall Update. “That isn’t a shock–fundamentals were highly stressed last summer outside of certain segments of the hotel market.”

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