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Diversified Eastern Canadian Hotel Portfolio

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Diversified Eastern Canadian Hotel Portfolio

Sales Date: September 2016
Keys: 1,571
Price: $90,000,000
Client: InnVest
Buyer: Easton's Group of Hotels

Colliers Hotels is pleased to announce the sale of the Diversified Eastern Canadian Hotel Portfolio comprised of 14 properties located in Ontario, Quebec, New Brunswick and Nova Scotia with an aggregate inventory of 1,571 rooms. This collection of limited, focused and full service hotels is rarely offered on the open market and has traditionally been scarce, which presented a substantial investment opportunity for a new investor to strategically expand their current portfolio or enter into the Canadian market. The sale of these assets was part of InnVest’s plan to enhance its hotel portfolio and dispose of its non-core properties. The Portfolio was sold to a major hotel investment company and represented the largest hotel portfolio transaction in Canada in year-to-date September 2016.

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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