Iconic Fort Garry Hotel up for sale
WINNIPEG — Cushman & Wakefield Global Hospitality has been exclusively retained by ownership to market for sale the historic Fort Garry Hotel, Spa and Conference Centre located in downtown Winnipeg. This full-service hotel is an iconic building within the city representing significant future potential via repositioning investment, global hotel brand affiliation and professional management.
Built in 1913, the Fort Garry is a 10-storey building with 240 guestrooms and three food and beverage outlets. There is also more than 33,000 square feet of meeting space, more than 16,000 square feet of spa space and a 7,000-plus square foot fitness centre.
Here are some of the advantages of owning this hotel:
Irreplaceable Asset: there is a movement across the country from sophisticated public and private investors to generate significant investment value by repositioning these iconic assets.
Affiliate with Global Hotel Brand: the Fort Garry Hotel has never been affiliated with a major international hotel brand.
Insertion of New Management: a variety of different hotel management options could drive efficiencies boosting income results. The Fort Garry has been run as an independent hotel by current ownership for the last two decades.
Sound Market Fundamentals: the general hotel market and economic profile of Winnipeg is healthy.
Ample Availability of Debt: the availability of hotel debt is robust with several traditional and new lenders providing competitive terms.
C&W sells Westins in Calgary and Ottawa
CALGARY, OTTAWA — Cushman & Wakefield Global Hospitality acted as the exclusive advisor to the ownership entity led by Starwood Capital Group in the successful sale of the Westin Calgary and Westin Ottawa. Each of these Westin hotels possesses a strong track record of performance in exceptional downtown locations.
Cutting the ribbon at Holiday Inn Ottawa Downtown
OTTAWA– InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, celebrates the rebranding and recent opening of the Holiday Inn Ottawa Downtown – Parliament Hill hotel with a grand opening celebration. The owners at Westlight Investments Limited Partnerships, Salim Mukadam of Westmont Hospitality Group, along with notable members of the community, including Ottawa Mayor Jim Watson were on hand to celebrate the grand opening. The hotel is expected to become a top choice for travellers visiting the nation’s capital.
“With over 50 Holiday Inn properties across Canada, we’re excited to add the Holiday Inn Ottawa Dwtn – Parliament Hill hotel to our growing roster of great hotels. With this rebranding and reopening, we’re helping to service the increasing market need for upper-midscale hotels that cater to both leisure and business travellers,” said Jonathan Lund, regional vice-president hotel operations, Canada.
There are currently eight IHG brand hotels in the Ottawa region, and the area at large is showing a strong appetite for these types of properties.
The Holiday Inn Ottawa Downtown – Parliament Hill hotel, is located at 402 Queen St., is owned by Westlight Investments Limited Partnerships and managed by Westmont Hospitality Group under a license agreement with IHG. The hotel has recently completed a full renovation to the Holiday Inn brand’s new H4 design concept.
Walking distance to Canada’s historic Parliament Hill and offering such business conveniences as onsite meeting rooms and a business centre, Holiday Inn Ottawa Downtown – Parliament Hill provides a flawless guest experience. Amenities include Keurig brewer in every room, fitness centre, onsite restaurant, Gibson’s on Queen and pets are welcome. The property also features IHG Connect, providing a seamless Internet experience for guests, with a faster and more reliable Wi-Fi connection. With IHG Connect, IHG Rewards Club members will be able to walk into any IHG Connect-enabled hotel and access Wi-Fi by entering their Rewards Club credentials and then be automatically recognized in future visits.
“We look forward to offering our guests an enhanced stay experience while we continue to offer exceptional levels of customer service. Our Guest rooms have been renovated and feature a bold, modern look and amenities for today’s traveller,” said Peter K. Wilson, general manager.
The hotel has two meeting rooms totalling 1,000 square feet that can accommodate 80 guests standing. Onsite catering is available for meeting rooms via the hotel’s restaurant, Gibson’s on Queen.