Crowne Plaza Toronto Airport
Sales Date: July 2016
Keys: 489
Price: $36,000,000
Client: Officeshore Private Investment Group
Buyer: Manga Hotels
Colliers International Hotels is pleased to announce the sale of the 489-room Crowne Plaza Toronto Airport. The transaction was part of a larger portfolio sale on behalf of an offshore private investment group. The broader portfolio also consisted of the 204-room Four Points by Sheraton Toronto Airport and 154-room Hilton Garden Inn Toronto/Mississauga. The Hotel is ideally located within the Toronto Airport market, and is one of the closest full-service hotels to the Toronto Pearson International Airport, Canada’s busiest international airport. The Property includes meeting facilities totaling approximately ±12,000 SF, 120-seat La Brasserie Restaurant and 41-seat Rendezvous Bar & Lounge, room service, 24-hour business and fitness centres, indoor swimming pool, whirlpool and sauna, sundry shop and complimentary airport shuttle service.
View Four Points by Sheraton Toronto Airport Sale Details
View Hilton Garden Inn Toronto/Mississauga Sale Details