Holiday Inn Cambridge-Hespeler Galt
Sales Date: July 2016
Buyer: Sunray Group
Colliers Hotels is pleased to announce the sale of the 143-room Holiday Inn Cambridge Hespeler Galt and 184-room Holiday Inn Kitchener on behalf of an Institutional Investor to Sunray Group of Hotels. The Hotels are strategically located in Canada’s Technology Triangle, the Country’s most industrialized region, and enjoys convenient access to the Greater Toronto Area (GTA) via Highway 401, one of the busiest highways in North America. The Properties are well positioned to benefit from the new transportation infrastructure further connecting Cambridge, Kitchener and Waterloo, in addition to a number of nearby local development projects and demand generated from the surrounding office headquarters.