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Country Inn & Suites Portfolio

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Country Inn & Suites Portfolio 

Sales Date: August 2011
Keys: 229
Price: $25,800,000
Client: Royal Host Inc.
Buyer: Airline Hotels & Resorts

Colliers served as the exclusive agent to Royal Host Inc. in the sale of three hotels in Saskatchewan and Manitoba, which closed as a portfolio transactions to Airline Hotels in August 2011. The sales included the acquisition of three Country Inn & Suites in Regina and Saskatoon, Saskatchewan, as well as Winnipeg, Manitoba with a combined 229 rooms. The assets were well received by the investment community during the marketing process with interest expressed by a variety of local and regional private investors and national hotel investment companies and institutional investors.

The properties were offered as part of a larger portfolio offering of six assets (all based in Western Canada). The three Country Inn & Suites hotels garnered significant interest, buyer competition and superior pricing. The other three assets in the portfolio were sold on an individual basis.

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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