Colliers Hotels is pleased to announce it acted as advisors in the strategic acquisition by B.C. based hotel investment and management company, Proactive Hospitality Services, of the Ramada by Wyndham Vancouver Airport.
The Hotel benefits from a strong location within Metro Vancouver in the City of Richmond, home to Vancouver International Airport (“YVR”), with views overlooking the beautiful 45-acre Minoru Park. This popular hotel offers a strong mix of amenities and room types, and provides instantaneous exposure to a much sought after location in Canada’s leading airport market.
CFO Capital arranged mortgage financing for the transaction.
The deal closed in October 2021.
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