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Hilton Suites Winnipeg Airport

Hilton Suites Winnipeg Sale

Hilton Suites Winnipeg Airport

Sales Date: October 2011
Keys: 160
Price: $25,000,000
Client: WBP Wellington Trust
Buyer: Fortis Properties
Cap Rate: 9.1%

Colliers Hotels and Colliers Winnipeg served as advisor and exclusive agent on behalf of WBP Wellington Trust, a joint venture partnership between Westmont Hospitality Group and the Baupost Group in the sale of the 160-room Hilton Suites Winnipeg Airport to Fortis Properties (TSX: FTS).

The Hotel is positioned as the leader in the Winnipeg airport market and is the City’s only full-service suite hotel. This efficiently designed AAA Three Diamond property offers large rooms, a quality restaurant and lounge, 8,580 SF of flexible meeting space and impressive recreational facilities. As a result of its institutional branding and strategic location near the Winnipeg International Airport, the Hotel has achieved a consistent and high level of operating performance.

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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