CFO Capital arranges financing for two New Brunswick hotels

Located at 111 Val-d'Amour Rd, Campbellton, NB E3N 5B9, Comfort Inn Cambellton has 59 guest rooms. From road trips to business trips, the Comfort Inn is one of the best places to stay in Campbellton for all travellers. In addition to skiing and hiking in Sugarloaf Provincial Park, other must-do activities for visitors to Campbellton include canoeing on the Restigouche River and visiting the Campbellton Range Rear Lighthouse.

Furthermore, located at 385 Adelaide St, Dalhousie, NB E8C 1B4—the Days Inn Dalhousie has 51 guest rooms. With a great downtown location boasting views of Baie des Chaleurs, the hotel is near sites like Inch Arran Park, outdoor activities aplenty and several corporate addresses for those in town to conduct business.

“The surge in hotel acquisitions on the East Coast can be attributed to several factors. Over the past few years, the hospitality industry has seen a mix of challenges and opportunities. The COVID-19 pandemic initially slowed travel and tourism, but now, as the market stabilizes and travel demand picks up, properties in popular regions like New Brunswick are becoming more attractive to investors. Lower acquisition costs, favourable interest rates, and a rise in tourism traffic have made it easier for hoteliers to acquire new properties,” says a CFO Capital team member.