CFO Capital has announced the successful financing of the Holiday Inn & Suites Vancouver Downtown, a 245-key property operated under the IHG brand. The announcement coincides with Canada Day, as the firm highlights its continued commitment to supporting the country’s hospitality sector.
Located on a 0.69-acre site in the heart of downtown Vancouver, the hotel includes 139,892 square feet of built space, spread across three towers in an L-shaped configuration. The property also offers 143 underground parking stalls.
“This is an outstanding asset in one of Canada’s most dynamic and competitive hotel markets,” Mark Kay, principal, CFO Capital states in a release.
Vancouver’s hospitality sector continues to show strong performance metrics, regularly leading the country with an average occupancy rate of 78 per cent. The city also boasts robust average daily rates, supported by a combination of sustained international and domestic travel demand, a strong convention and event calendar, and limited new hotel supply.
As a global gateway city, Vancouver draws a diverse range of visitors—from leisure travellers and cruise passengers to corporate guests attending conferences and meetings. These demand drivers have contributed to the market’s resilience and long-term investment appeal.
Kay acknowledged the strength of Vancouver’s hotel industry and extended Canada Day greetings, stating, “We are proud to play a role in supporting Canada’s hospitality industry and vibrant communities like Vancouver.”
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