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Edmonton Focused-Service Portfolio

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Edmonton Focused-Service Portfolio

Sales Date: April 2018
Keys: 239        
Client: Platinum Investments Ltd. 
Buyer: Genesis Hospitality Inc.

Colliers International Hotels is pleased to have acted as the exclusive advisor to Platinum Investments Ltd. in the sale of the 239-key Edmonton Focused-Service Portfolio, consisting of the 136-room Courtyard by Marriott Edmonton West and 103-room Hampton Inn & Suites by Hilton Edmonton West to Genesis Hospitality Inc.

The Portfolio offered an excellent opportunity to acquire two established and well-maintained focused-service assets in a major Canadian market with strong management and operational synergies. The Hotels are situated adjacent to each other on a large 6.55 acre site in a vibrant West Edmonton location nearby a variety of demand generators. The Properties were purchased by Genesis Hospitality Inc., adding to their portfolio of 11 hotels across Canada.

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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