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Delta Sault Ste. Marie Waterfront Hotel & Conference Centre

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Delta Sault Ste. Marie Waterfront Hotel & Conference Centre 

Sales Date: May 2017
Keys: 195
Client: Algoma Central Properties Inc.
Buyer: Private Domestic Buyer

Colliers International Hotels is pleased to announce the sale of the 195-key Delta Sault Ste. Marie Waterfront Hotel & Conference Centre on behalf of Algoma Central Properties Inc. to a private domestic buyer.

The Property is superbly situated in the heart of downtown Sault Ste. Marie and benefits from being the only full-service hotel on the City’s waterfront with an excellent mix of modern amenities including ±12,000 SF of meeting space, an indoor swimming pool, whirlpool and sauna, a restaurant/bar with an expansive outdoor patio, leased fitness centre and spa, and many more.

Algoma Central Corporation operates the largest Canadian flag fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway, and the Hotel sale was part of the company's new strategic objective to dispose of its real estate holdings.

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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