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Park Hyatt Toronto Hotel

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Park Hyatt Toronto Hotel

Sales Date: December 2014
Keys: 346
Price: $105,000,000
Client: Hyatt Hotels Corporation

Buyer: Oxford Properties Group 

This landmark asset is situated in the epicenter of Yorkville at the corner of Avenue Road and Bloor Street West – the City’s most exclusive neighborhood, and features 17,000 square feet of meeting space, the Stillwater Spa, The Roof Lounge, and the award-winning Annona restaurant. This comprehensive mixed-use property also features some 70,000 SF of prime office and retail space. The Property is situated in an irreplaceable landlocked location near a confluence of luxury retailers, corporate demand generators and some of Canada’s most prestigious educational and healthcare institutions. The Hotel will continue to be managed by an affiliate of Hyatt Hotels Corporation. Colliers International Hotels acted as joint advisor in the sale on behalf of Hyatt Hotels Corporation (NYSE: H), and was purchased by Oxford Properties Group.