Delta Sherbrooke Hotel & Conference Centre
Sales Date: April 2016
Keys: 178
Price: $6,000,000
Client: InnVest REIT
Buyer: Sterling Hotels
Colliers International Hotels is pleased to announce the sale of the 178-room Delta Sherbrooke Hotel & Conference Centre on behalf of InnVest REIT to Sterling Group. This 11-storey CAA three-diamond hotel occupies a prime location in the heart of the business district, and is the premier venue for meetings and conferences in the City of Sherbrooke with over 21,000 SF of space across 22 meeting rooms, the largest of its competitive set in the City. Additional hotel features include an indoor saltwater swimming pool, whirlpool hot tub, fitness centre, on-site bar and restaurant, and many other amenities to cater to both leisure and business market segments. The Property was sold to Sterling Group, a hotel investment company, adding to their portfolio of 25 properties across Canada and the United States.