Truman and Marriott to bring three high‑profile hotel brands to Calgary
W Calgary, JW Marriott and Autograph Collection hotel to anchor landmark $1.47B development in Culture + Entertainment District
Sunray Hotels has expanded its real estate holdings in downtown Regina with the acquisition of a three-storey office and retail building located within the city’s central business district.
The 30,000-plus square foot property includes modern office space and ground-floor retail, with a Tim Hortons among the existing tenants. The building also features more than 170 parking stalls across surface and underground levels.
The transaction was arranged by Toronto-based CFO Capital, which announced the financing on behalf of Sunray Hotels chairman and CEO, Ray Gupta, and president, Sandeep Gupta.
The newly acquired office building is adjacent to a hotel already owned by Sunray Hotels. According to CFO Capital, the two properties will share both structured and surface parking facilities, a move expected to improve operational efficiency and support long-term asset value.
The name of the office property and the financial details of the transaction have not been publicly disclosed.
Sunray Hotels is a privately owned Canadian hotel investment and management company with a portfolio that includes branded hotels across multiple provinces. The Regina acquisition marks a continued effort by the company to expand its footprint in Western Canada.
W Calgary, JW Marriott and Autograph Collection hotel to anchor landmark $1.47B development in Culture + Entertainment District
More than 350 delegates from across Canada’s hotel sector gathered in Ottawa on June 16 and 17 for the Hotel Association of Canada’s (HAC) national conference. Held at The Westin Ottawa, the annual gathering brought…
IHG Hotels & Resorts is introducing its voco hotels brand to the Canadian market with three upcoming properties in Montreal, Niagara Falls, and Toronto. The announcement marks the premium brand’s entry into Canada…
Second-generation executives to lead national expansion of family-owned hospitality brand