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Holiday Inn Toronto-International Airport

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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.

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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