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Efficient Operation with Upside Potential: With a streamlined operating model and access to Travelodge’s marketing and distribution systems, the Hotel is well-positioned to benefit from the upcoming rebound in travel demand post COVID-19 which will be led by drive-to leisure destinations such as Drumheller.
Recent CapEx: The Property has benefited from approximately $300,000 in recent capital improvements including replacement of the roof and siding, a new covered patio as well as ongoing washroom renovations.
Strong Tourism Drivers: Drumheller is known as the “The Dinosaur Capital of the World” being home to an abundance of dinosaur fossils which are the focus of several local tourism attractions. Historically, over 500,000 visitors travel through Drumheller each year to visit the famous Albertan Badlands landscapes and take part in world-class recreational opportunities.