Sheraton Ottawa Hotel, Ottawa, Ont., purchased by Sunray Group of Hotels

Colliers Hotels has announced the sale of the Sheraton Ottawa Hotel to Sunray Group of Hotels. CFO Capital arranged acquisition financing for the transaction.

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Located at 150 Albert Street, Ottawa, ON, Canada K1P 5G2, the Sheraton Ottawa Hotel has 236 guest rooms and suites, executive floor, 9,600 SF of meeting space, restaurant and lounge, indoor swimming pool, and fitness centre among other amenities. The property is positioned in the heart of Canada’s National Capital, close to Parliament Hill and government buildings, foreign embassies, and consulates as well as many corporate and leisure demand generators.

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