Sheraton Montreal Airport Hotel
Sales Date: September 2016
Colliers Hotels is pleased to announce the sale of the 465-room Sheraton Montreal Airport Hotel on behalf of a private investment group to an offshore buyer.
The offering presented an excellent opportunity to acquire an institutional quality asset well located next to the Montreal-Pierre Elliott Trudeau International Airport (IATA: YUL), Canada’s fourth busiest airport. The Hotel is a full-service, newly renovated property situated on a large ±12.5-acre site with future redevelopment potential and offers a complement of amenities and services which attracts both business and leisure guests in addition to being a popular group hotel with about ±20,000 SF of efficient meeting space.