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Cushman & Wakefield Bolsters Its Hospitality Group

Toronto Hotel
Cushman & Wakefield's Brian Flood and Charles Suddaby

Cushman & Wakefield has hired 11-year CBRE Hotels vet Brian Flood to lead its valuation and hospitality group and intensify its targeting of foreign investors.

“We’re seeing big changes in Canada’s hospitality market, with a number of major global players entering the space,” said Flood, who is co-leading his team with Charles Suddaby.

“So it’s key our company is well-connected to those markets to handle that inbound business.”

Recent global-player hotel transactions include the Four Seasons buy and Bluesky’s InnVest REIT acquisition.

“And we think there are more of those sorts of deals trying to get accomplished,” Suddaby said.