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Sale of Days Inn & Suites Whitecourt

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Days Inn & Suites Whitecourt

Sales Date: June 2014
Keys: 79
Price: $8,900,000

Buyer: Holloway Lodging Corporation

The Days Inn & Suites Whitecourt is well located off Highway 43, a main highway providing access to resource markets in the region and is the first hotel visible from Highway 43 when entering the City from Peace River and Grand Prairie. The Hotel benefits from being one of the newest built properties in its competitive set and recently received +$700,000 in renovations. The Property enjoys an ideal location within close proximity to many demand generators including several energy companies, the Whitecourt Health Centre, Carson-Pegasus Park, Graham Acres Golf Club, Whitecourt Airport (YZU) and three large lumber mills. Built in 2007, this limited-service hotel was purchased by Holloway Lodging Corporation.

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.

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