Skip to main content Skip to footer

Country Inn & Suites Portfolio

news article

Country Inn & Suites Portfolio 

Sales Date: August 2011
Keys: 229
Price: $25,800,000
Client: Royal Host Inc.
Buyer: Airline Hotels & Resorts

Colliers served as the exclusive agent to Royal Host Inc. in the sale of three hotels in Saskatchewan and Manitoba, which closed as a portfolio transactions to Airline Hotels in August 2011. The sales included the acquisition of three Country Inn & Suites in Regina and Saskatoon, Saskatchewan, as well as Winnipeg, Manitoba with a combined 229 rooms. The assets were well received by the investment community during the marketing process with interest expressed by a variety of local and regional private investors and national hotel investment companies and institutional investors.

The properties were offered as part of a larger portfolio offering of six assets (all based in Western Canada). The three Country Inn & Suites hotels garnered significant interest, buyer competition and superior pricing. The other three assets in the portfolio were sold on an individual basis.

For More Information, Please Contact:

Robin McLuskie

Managing Director | Hotels

Toronto Downtown

Robin has been with Colliers since 2003 and is responsible for hotel and resort investment sales, business development and client management. As Managing Director of Canadian hotel brokerage operations, she is an industry leader representing Canada's largest hotel owners, focusing on developing long-term client relationships and helping to establish Colliers as the advisor of choice to institutional capital and private investors.

View Expert