Hotel
Canadian Property Management
2016 real estate investment trends forecasted
Market analysts predict the preference for core assets, new Class A office space and high-end retail will continue to drive demand and motivate real estate investment in 2016.
REMI Network
Magna buys Holiday Inn Halifax Harbourview
Magna Hotels has purchased the 196-room Holiday Inn Halifax Harbourview from Toronto’s Innvest Real Estate with plans for a big revamp.
REMI Network
Colliers sells two Ontario-based hotels
Colliers International Hotels has sold two more Ontario hotels, including the Westin Prince Toronto and the Hilton Garden Inn Niagara-on-the-Lake.
REMI Network
InnVest finalizes purchase of Hotel Saskatchewan
InnVest Real Estate Trust (InnVest) has completed the sale of the upscale Hotel Saskatchewan in downtown Regina for about $37 million.
REMI Network
Record hotel transactions reported in Canada
Hotel transactions in Canada reached more than $915 million during the first half of 2015 and exceeded the 2007 record.
REMI Network
CBRE hotel investment team adds new member
Marc-Aurèle Mailloux-Gagnon has joined Bill Stone’s hotel investment team at CBRE Limited.
REMI Network
CBRE advises the sale of two well-located hotels
CBRE has announced the sale of two well-located hotels, one in Halifax and one in Toronto. On behalf of Banc Group of Properties, CBRE advised
REMI Network
Colliers sells two Toronto-based Radisson hotels
Colliers International Hotels recently announced the sale of two Toronto-based Radisson hotels. The 216-suite Radisson Suite Hotel Toronto Airport on Dixon Road, sold on behalf
REMI Network
Hilton Garden Inn Montreal Airport is sold
The parent company of Shelter Canadian Properties Limited has bought Montreal’s Hilton Garden Inn Montreal Airport for $15 million. The 159-room hotel, which opened in
REMI Network
Europe’s tallest skyscraper to rise in Switzerland
A small alpine village in Vals, Switzerland, may soon be home to Europe’s tallest skyscraper. California-based Morphosis Architects has released designs of a slim 1,250-foot-tall
REMI Network
Edmonton hotel is largest to use Bullfrog Power
Edmonton’s Metterra Hotel on Whyte is now the largest hotel in Canada to power its entire property with Bullfrog Power, a national leader in 100
Design Quarterly
Landmark Victoria hotel renovated by Hilton
One of Victoria's landmark hotels, Executive House, will re-open this spring as the new DoubleTree by Hilton Hotel and Suites Victoria following the completion of a multi-million dollar property-wide renovation
REMI Network
Marriot to buy Delta Hotels and Resorts brand
Marriot International is set to become Canada’s largest full service hotel company with the impending purchase of the Delta Hotels and Resorts brand from British
REMI Network
Gupta Group buys T.O. site for mixed-use project
The Gupta Group/Easton Group has purchased a 3.2-acre parking lot located in Toronto at York Mills Road and Yonge Street, with plans to transform the
REMI Network
Oxford buys Toronto’s Park Hyatt hotel
Oxford Properties snapped up the Park Hyatt near Toronto’s Yorkville neighbourhood for about $90 million (USD) or $260,000 (USD) per room. Oxford says it’s planning
REMI Network
Montreal, T.O. on list of priciest cities for hotels
Two Canadian cities joined the ranks of the world’s most expensive cities for hotels, according to GoEuro.com, a multi-mode travel platform. When compiling accommodation prices
REMI Network
Toronto’s Royal York Hotel secures new owners
Toronto’s iconic Royal York Hotel now has new owners as InnVest Real Estate Investment Trust (InnVest) and KingSett Real Estate Growth LP (KingSett) are set
