Holiday Inn Toronto-International Airport
Sales Date: August 2014
Keys: 446
Price: $16,000,000
Client: Felcor Lodging Trust
Buyer: Easton's Group of Hotels
Colliers Hotels served as the exclusive agent to US-based Felcor Lodging Trust (NYSE: FCH) in the sale of the full-service 446-key Holiday Inn Toronto-International Airport.
The Hotel is located on Dixon Road at Highway 427 next to the Pearson International Airport - Canada’s largest airport. The Hotel’s guest rooms are supported by an excellent array of facilities including over 20,000 square feet of flexible meeting space, in and outdoor salt water swimming pools, all-day dining restaurants and a host of other amenities and functional areas.
The new owner, Easton's Group of Hotels is planning a significant renovation program and will reposition the hotel as a dual branded 130-unit Staybridge Suites and 300-room Holiday Inn.
Colliers Hotels served as the exclusive agent to US-based Felcor Lodging Trust (NYSE: FCH) in the sale of the full-service 446-key Holiday Inn Toronto-International Airport.
The Hotel is located on Dixon Road at Highway 427 next to the Pearson International Airport - Canada’s largest airport. The Hotel’s guest rooms are supported by an excellent array of facilities including over 20,000 square feet of flexible meeting space, in and outdoor salt water swimming pools, all-day dining restaurants and a host of other amenities and functional areas.
The new owner, Easton's Group of Hotels is planning a significant renovation program and will reposition the hotel as a dual branded 130-unit Staybridge Suites and 300-room Holiday Inn.
