Canadian Western Bank (CWB) provided portfolio financing for four hotels under the Nova Inn or Chateau Nova brands in secondary and tertiary markets.
Nova Hotels is a hospitality company based in Edmonton with a portfolio of hotels in Western Canada that operates under its own regional brand, Nova or Chateau Nova.
"Excited about working with Nova Hotels and their experienced hotel team under Aleksa Mrdjenovich! CWB Franchise Finance provided portfolio financing including four hotels under the Nova Inn or Chateau Nova brands in secondary and tertiary markets. Nova Hotels is a well-structured hospitality company based in Edmonton with a portfolio of hotels in Western Canada that operates under their own regional brand, Nova or Chateau Nova.... Thank you for choosing Canadian Western Bank as your hotel lending partner," said Juan Duran, senior manager, hotel finance, CWB Franchise Finance.
On October 29th and 30th, the 2024 Western Canadian Lodging Conference (WCLC) took place at the Hyatt Regency, Vancouver, B.C., bringing together over 300 hospitality leaders and stakeholders from across the industry to…
FEATURE PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine
The latest Lodging Econometrics (LE) data from Q3 2024 reveals unprecedented growth in Canada's hotel development pipeline, with key indicators suggesting an expansion phase is underway. The total pipeline has reached a…
Holiday Inn & Suites Parkway Conference Centre, St. Catharines, Ont. held a grand re-opening after its renovations—now double-branded with the addition of Staybridge Suites for extended stays.
