CFO Capital arranges financing for 290‑key dual‑branded Hilton in Montréal Midtown
CFO Capital announces it has arranged financing for the 290-key dual-branded Hilton Garden Inn Montréal Midtown and Homewood Suites by Hilton Montréal Midtown, citing the city’s hospitality growth and the rapid development of its Midtown district as key drivers for the transaction.
The property is located on Décarie and is described as a landmark addition to Montréal’s hotel market. The development positions Midtown as a significant hub for both business and leisure travel.
Built in 2021, the 11-storey property spans 105,682 square feet and includes 133 Homewood Suites rooms and 157 Hilton Garden Inn rooms. The hotel offers 290 underground parking stalls, 10,000 square feet of meeting space, a restaurant branded as Brasserie Blandino, and a rooftop patio.
CFO Capital extends congratulations to Bin Han, managing director for Quebec, for his leadership and contribution to the successful closing of the financing transaction.
Canada welcomed 1.2 million overnight international visitors in April 2025, marking a 7 per cent decline compared to the same month in 2024, according to new figures from Destination Canada and the Canadian Tourism Data…
Niagara Falls-based Fallsview Group has expanded beyond Ontario with the acquisition of the Hyatt Regency Calgary, marking the company’s first venture into Western Canada.
Choice Hotels International Inc. has acquired the remaining 50 per cent stake in Choice Hotels Canada from joint‑venture partner InnVest Hotels, moving from a master franchising model to full direct franchising in…
Pacific Reach Properties and the Dilawri Group of Companies have acquired The Ritz-Carlton, Toronto, one of Canada’s best-known luxury hotels, in a joint partnership. The property will continue to operate under the…
STAY HOTEL NEWS
Keeping hotel industry professionals, from franchisees to operations managers to executives to suppliers, in the know with the latest stories and developments every week.