Holiday Inn Halifax sold for $5.5M

TORONTO — Colliers International Hotels announced on Nov. 25 that the 196-room Holiday Inn Halifax Harbourview, in Dartmouth, N.S., has been sold to Manga Hotels for $5.5 million.

TORONTO — Colliers International Hotels announced on Nov. 25 that the 196-room Holiday Inn Halifax Harbourview, in Dartmouth, N.S., has been sold to Manga Hotels for $5.5 million on behalf of InnVest Real Estate Investment Trust.

Centrally situated at the base of the Angus L. Macdonald Bridge, the hotel provides convenient access to downtown Halifax. In addition, the property offers more than 14,000 square feet of flexible meeting space, and features a seasonal outdoor pool and courtyard area, full-service restaurant, fitness club and business centre.

According to published press reports, Manga has committed $6.5 million to upgrade the hotel’s guestrooms, lobby and meeting rooms and building exterior, with a projected renovation timeline of eight to 10 months.