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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.