Capital Markets ANZ Hotels Australia Market Environment Q1 2017 recorded an uptick in hotel transaction volumes, increasing 20.9 per cent to total $778 million, but skewed upwards by the inclusion of two large sales ($200 million plus). Overall, deal ow has moderated with only nine transactions recorded during the rst quarter. This compares to 18 in Q1 2017. A number of assets which did transact had also been on the market for an extended period (up to 16 months) and therefore volumes do not reect the dearth of hotel stock currently being oered. Read more Colliers International, Hotels 28 A Colliers International publication 00