CFO Capital has announced the arrangement of acquisition financing of the Ramada by Wyndham and the new Coast Hotel located in the tertiary market of Weyburn, Saskatchewan.
The Ramada by Wyndham is a 78-room hotel that was ranked as the #1 hotel in the City of Weyburn with guests enjoying the wide assortment of recreational activities and boasts a 4.5-star rating on TripAdvisor.
The new Coast Hotel is a 67-room hotel that is also well-regarded in this market, boasting a 4.5-star rating on TripAdvisor. Weyburn has a population of approximately 11,000 and is a vital center for agriculture, particularly known for its grain and oilseed production. The city hosts numerous agricultural businesses and services, supporting the surrounding farming community.
Canada’s tourism industry is on track for measured growth in 2025, with potential tailwinds from a weakened Canadian dollar and evolving domestic spending patterns. According to a recent report from the Business…
Colliers Hotels has confirmed the sale of the 102-room Hampton Inn & Suites Ottawa-West, marking a significant transaction in one of the country’s most active real estate markets.
Hyatt Hotels Corporation and Princes Gates Hotel Limited Partnership have announced that Hotel X Toronto will join the Destination by Hyatt brand, marking the brand’s entrance into Canada.
The Luxury Collection, part of Marriott Bonvoy’s global portfolio, has made its official entry into Atlantic Canada with the addition of Muir, a Luxury Collection Hotel, Halifax. Located in the Queen’s Marque district…
