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Extended Stay Canada Portfolio

news article

Extended Stay Canada Portfolio 

Sales Date: May 2017
Keys: 282
Buyer: Sunray Group of Hotels Inc.

Colliers International Hotels is pleased to announce the sale of the 189-key Extended Stay Canada Toronto-Vaughan and 93-key Extended Stay Canada St. John’s Downtown to Sunray Group of Hotels.

The Hotels benefit from their all-suite product offering with fully-equipped kitchens, specifically catering to long-term stay guests. Each property is well located in their respective markets, surrounded by significant sources of demand. Sunray Group of Hotels ( purchased the properties as a portfolio in May 2017 and have plans to renovate and explore repositioning/branding strategies.