Vancouver Island Hotel Motel Inn Real Estate Appraiser Realtor
Commercial Real Estate Appraiser and Realtor (2)

Vancouver Island Hotel, Motel & Inn Real Estate Appraiser and Sales Representative

Bryce Witherspoon, BA, AACI, P. App
Phone:
1.800.592.1349
E-mail: [email protected]
Address: 101 – 3115 Skaha Lake Rd, Penticton, BC

Vancouver Island Hotel, Motel & Inn Services

Hotel, Motel & Inn Real Estate Appraisals are my flagship service. Every year I have the pleasure of visiting hotels, motels & Inns across British Columbia for the purpose of completing commercial real estate appraisals.

Real estate is my full time job. I will actively pursue eligible properties, arrange showings, discover information, draft offers to purchase, and ensure your interests are safe guarded. I take the stress away so you can focus on your business plans.

I am an experienced hotel, motel & inn real estate professional that specializes in the business of hospitality real estate. I am acutely aware that selling your property is a major decision. I will professionally present your property and market it appropriately.

These unique businesses require a unique solution when it comes time to sell. My “Business Exit Solution”  provides a variety of tools to professionally sell a Hotel, Motel or Inn in the most efficient, cost effective way.

Vancouver Island Hotel, Motel & Inn Industry Overview

Accommodation Supply

  • There are approximately 641 lodging properties located in the Vancouver Island tourism region.
  • There are more properties classified as Inns, Bed & Breakfasts as well as Cottages found in this region than in any other tourism region in the province. In total, these categories comprise 61.9% of all accommodation facilities in the region, but only 14.2% of the total regional accommodation capacity. The large proportion of small-scale facilities that populate Vancouver Island and the Gulf Islands contributes greatly to the accommodation profile of the region.
  • Hotels and motels account for over three quarters (76.0%) of the total regional accommodation capacity.

Top Markets for Vancouver Island

British Columbia residents make up the largest share of overnight visitation (62%) and spending (41%) in Vancouver Island. Although there are slightly more Washington visitors to Vancouver Island, Albertans spend more money while visiting Vancouver Island.

Transportation to Vancouver Island

Because there are limited options when it comes to getting to Vancouver Island, transportation plays a vital role in the overall health of the tourism sector. The image below, shows that using BC Ferries is by far the most popular mode of travel to Vancouver Island.

Vancouver Island Hotel Motel Inn Appraiser Realtor

Vancouver Island Hotel, Motel & Industry Research Reports

This report represents the findings from omnibus telephone surveys of residents of British Columbia and Alberta conducted by Oraclepoll. 

The South Central Island planning area encompasses an exceptionally diverse range of landscapes and ecosystems; from rainforests, meadows, mountains and marshes, to beaches, rivers, lakes, and oceans.

The North Island Destination Development Strategy was developed to enhance the competitiveness of the planning area over the next 10 years and beyond.

The Greater Victoria Destination Development Strategy (DDS) is a product of Destination BC’s (DBC) Destination Development Program (an integrated strategic planning process) co-led by Destination BC and Destination Greater Victoria.

This visitor profile was created for Vancouver Island North Tourism, in partnership with the local region and The Sociable Scientists. Between June and September 2018, twenty-five ballot boxes were placed across the region in businesses and operations that visitors frequent.

This profile provides a general overview of the region and summarizes the latest data available about overnight travellers visiting the Vancouver Island region.

Given its size and proximity, Vancouver/Lower Mainland is an extremely important target market for the Victoria and Vancouver Island tourism sectors. Despite its vast potential, there is a sense among tourism industry experts that the Victoria/Vancouver Island tourism industry could be doing more to capitalize on the opportunity this significant market has to offer.

The Southern Gulf Islands Community Tourism Study is a broad-based study of tourism on the islands of Salt Spring, North Pender, South Pender, Galiano, Saturna and Mayne. This study is a joint effort by the Salt Spring Island Electoral Area and the Southern Gulf Islands Electoral Area of the Capital Regional District (CRD).

Tourism is a major economic contributor to Greater Victoria. The tourism industry contributes directly to the employment and economic growth of the region through activities and operations of firms providing products and services to tourists, and is therefore a significant source of economic development for Greater Victoria, the province of British Columbia (BC), and beyond.

Education, Affiliations and Volunteer Activities

Bryce is a British Columbia based hotel, motel & inn real estate appraiser. He specializes in appraising Vancouver Island Hotels, Motels & Inns for refinancing or purchase financing, foreclosure or power of sale, divorce or settlement, purchase or sale considerations, legal purposes, estate & retirement planning.

Bryce obtained a Bachelor of Business Administration degree from Lakehead University in Thunder Bay, Ontario. He is an AACI, P. App Designated Member of the Appraisal Institute of Canada. He is also a licensed sales representative with RE/MAX Penticton Realty.

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