Sale of Days Inn & Suites Whitecourt

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Days Inn & Suites Whitecourt

Sales Date: June 2014
Keys: 79
Price: $8,900,000

Buyer: Holloway Lodging Corporation

The Days Inn & Suites Whitecourt is well located off Highway 43, a main highway providing access to resource markets in the region and is the first hotel visible from Highway 43 when entering the City from Peace River and Grand Prairie. The Hotel benefits from being one of the newest built properties in its competitive set and recently received +$700,000 in renovations. The Property enjoys an ideal location within close proximity to many demand generators including several energy companies, the Whitecourt Health Centre, Carson-Pegasus Park, Graham Acres Golf Club, Whitecourt Airport (YZU) and three large lumber mills. Built in 2007, this limited-service hotel was purchased by Holloway Lodging Corporation.

Pour plus d’informations, veuillez contacter:

Tiffany Chow

Transaction Manager | Hotels

Toronto Downtown

Tiffany has been involved in over $3.0 billion in deal volume since joining Colliers, providing real-time market knowledge, property underwriting and financial analysis in the preparation of hotel valuations, proposals, investment memoranda and strategic advisory assignments. In her capacity as Transaction Manager, she is the main liaison between respective buyers and sellers during the due diligence process to ensure a smooth and successful transaction for all parties.

Tiffany's background varies across the Hotel, Economic & Development, and Marketing sectors including working for the City of Toronto and consulting experience in São Paulo, Brazil.

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