Growth In Hotel Sector
Colliers International Hotels's new AVP, Jessi Carrier, will work with the national hotel team out of Montreal. With a background in investments in hotel, restaurant, and related industries (he was also with GE Capital for seven years, responsible for mortgage and asset-based lending), Jessi says he wants to elevate Colliers' debt placement platform, and, "accelerate our product pipeline in Canada." Colliers has sold or financed over 80 Canadian lodging assets in the past 36 months, repping $1B in value. Vancouver remains a market "highly sought after by diverse buyer groups," and he expects a number of large hotel offerings to come to market in 2014. (We're going on Priceline now to see if they'll take our bid for the entire hotel.)