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Holiday Inn Toronto-International Airport

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Holiday Inn Toronto-International Airport

Sales Date: August 2014
Keys: 446
Price: $16,000,000
Client: Felcor Lodging Trust

Buyer: Easton's Group of Hotels

Colliers International Hotels served as the exclusive agent to US-based Felcor Lodging Trust (NYSE: FCH) in the sale of the full-service 446-key Holiday Inn Toronto-International Airport.

The Hotel is located on Dixon Road at Highway 427 next to the Pearson International Airport - Canada’s largest airport. The Hotel’s guest rooms are supported by an excellent array of facilities including over 20,000 square feet of flexible meeting space, in and outdoor salt water swimming pools, all-day dining restaurants and a host of other amenities and functional areas.

The new owner, Easton's Group of Hotels is planning a significant renovation program and will reposition the hotel as a dual branded 130-unit Staybridge Suites and 300-room Holiday Inn.

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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