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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:

Fraser Macdonald

Senior Analyst | Hotels

Toronto Downtown

In his position as Senior Analyst, Fraser works closely with the national hotel brokerage team with a focus on financial underwriting, hotel valuations, proposal development and marketing activities.  Fraser provides customized research and analysis for clients on trends influencing lodging investment in Canada and leads production of Colliers’ hotel research including the Hotel INNvestment Canada quarterly report and Canadian Hotel Investment Report.  Fraser has been involved in more than $3 billion of lodging transactions across Canada and the Caribbean since joining Colliers in 2013.

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