Radisson Suite Hotel Toronto Airport
Sales Date: March 2015
Keys: 216
Price: $12,500,000
Buyer: InnVest REIT
Client: Silver Hotel Group
Colliers International Hotels is pleased to announce the sale of the 216-suite Radisson Suite Hotel Toronto Airport on behalf of InnVest REIT to Silver Hotel Group. The Radisson Suite Hotel Toronto is well located on Dixon Road within close proximity and easy access to the Toronto Pearson International Airport (IATA: YYZ), Canada’s busiest airport. The Hotel is highly visible from local roads and major highways, including Highways 401 and 409, making it an attractive and strategic location for corporate, group and leisure guests. This 216-key all-suite hotel offers an array of facilities and services including the Fox Bistro, 24-hour fitness and business centres, complimentary airport shuttle service, as well as ±1,900 SF of meeting space. The Hotel sold to Silver Hotel Group, one of Canada’s leading privately owned hotel investment, development, and management companies.