The Westin Bristol Place Toronto Airport
Sales Date: May 2015
Keys: 288
Price: $22,000,000
Client: Blackstone
Buyer: Easton’s Group of Hotels
This award-winning 288-key Hotel is ideally located on Dixon Road and is one of the closest full-service hotels to the Toronto Pearson International Airport (IATA: YYZ), Canada’s busiest airport. The Hotel has excellent accessibility and exposure along several major thoroughfares connecting the Airport to other areas of the City, and an outstanding complement of facilities, including over 18,000 SF of flexible meeting space, a lounge, café, indoor pool, WestinWORKOUT fitness centre and business centre. The Offering represented a strategic opportunity for a new investor to acquire a distinguished CAA/AAA Four-Diamond asset in Canada’s leading airport market. The Property was sold to Easton’s Group of Hotels / The Gupta Group, a hotel investment company with a diversified portfolio including 15 hotels across Canada.
