Canada’s lodging investment market continued its upward trajectory in 2014 with deal volume increasing by 28 percent year-over-year, reaching $1.46 billion, according to the 2015 Canadian Hotel Investment Report released yesterday by Colliers International Hotels. This performance marks the fourth consecutive year that hotel investment in the country has surpassed the $1 billion mark. Private investors were the dominant players over the past year, both on the buyer and seller sides of the market, representing nearly one third of total transaction activity. Real estate companies and public companies were also active market-players in 2014, trading assets for future redevelopment, portfolio diversification, and recycling of non-core assets. Heading well into 2015, Colliers Hotels forecasts a continuation of robust hotel investment activity in Canada in the $1.25 billion to $1.5 billion range, supported by various macro-economic conditions such as a weakened Canadian dollar, strong revenue per room performance, and increased appetite by foreign investors.