Holiday Inn Kitchener-Waterloo Conference Centre
Sales Date: July 2016
Buyer: Sunray Group
Colliers International Hotels is pleased to announce the sale of the 184-room Holiday Inn Kitchener-Waterloo Conference Centre on behalf of an Institutional Investor to Sunray Group of Hotels. The Hotel is strategically located in Canada’s Technology Triangle, the Country’s most industrialized region, and enjoys convenient access to the Greater Toronto Area (GTA) via Highway 401, one of the busiest highways in North America. The Property is well positioned to benefit from the new LRT line expected to open in 2017, connecting Cambridge, Kitchener and Waterloo, in addition to a number of nearby local development projects and demand generated from the surrounding office headquarters.