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Saskatchewan Focused-Service Hotel Portfolio

TPS Saskatoon

Sunray Group has acquired 100% ownership interest in Owens Hospitality Group Ltd., a hospitality development and administration company with an ownership interest in three Saskatchewan hotels including the 100-key Best Western Plus Airport Inn & Suites Saskatoon, 125-key TownePlace Inn & Suites by Marriot Saskatoon, and 100-key Best Western Plus Eastgate Inn & Suites Regina.

Sunray Group is a hospitality and development company which currently owns and operates 55 hotels across the Country. This acquisition provides a platform for Sunray Group in Western Canada.

Colliers Hotels acted as the exclusive financial advisor.

For More Information, Please Contact:

Tiffany Chow

Director | Hotels | Canada

Toronto Downtown

Tiffany provides market knowledge/expertise, property underwriting and financial analysis in the preparation of hotel valuations, proposals, investment memoranda and strategic advisory assignments. She specializes in disposition and acquisition due diligence and has been involved in over $3.8 billion in deal volume since joining Colliers, working with a wide range of industry stakeholders including private Canadian and U.S. hotel investors, institutional clients, REITs, high-net-worth groups, opportunity funds, publicly traded hotel companies, lenders, and brand and management companies.

Tiffany's background varies across the Hotel, Economic & Development, and Marketing sectors including working for the City of Toronto and consulting for a non-profit in São Paulo, Brazil.

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