- For Sale
Part of Atlantic Canada Limited-Service Hotel Portfolio being offered for sale on a portfolio, sub-portfolio or individual basis
Five of the Properties are situated in New Brunswick and one nearby in Nova Scotia, providing instantaneous exposure to Atlantic Canada and the country’s favorable market conditions.
The Properties are being offered for sale at a significant discount to replacement cost and there is minimal risk of new lodging supply in the short- to medium-term.
The Hotels are primarily rooms-only operations and are well-located within their respective markets which benefit from a good proportion of leisure business, the segment expected to lead the recovery of lodging demand.
A new owner can realize upside in operating performance through a targeted capital program as well as by exploring alternate management and marketing strategies to increase market share and ADR thresholds.
The Properties are currently flagged as Comfort Inn, Days Inn, Super 8, Travelodge or affiliated with Choice Hotels, among the most recognized limited-service brands in Canada offering excellent economy positioning with access to global marketing and distribution systems.