CFO Capital has announced the arrangement of acquisition financing of the Ramada by Wyndham and the new Coast Hotel located in the tertiary market of Weyburn, Saskatchewan.
The Ramada by Wyndham is a 78-room hotel that was ranked as the #1 hotel in the City of Weyburn with guests enjoying the wide assortment of recreational activities and boasts a 4.5-star rating on TripAdvisor.
The new Coast Hotel is a 67-room hotel that is also well-regarded in this market, boasting a 4.5-star rating on TripAdvisor. Weyburn has a population of approximately 11,000 and is a vital center for agriculture, particularly known for its grain and oilseed production. The city hosts numerous agricultural businesses and services, supporting the surrounding farming community.
Slated to open in 2027, RIMAP Hospitality has announced that it has broken ground on the Renaissance Marriott Ottawa—a 230-room hotel in downtown Ottawa situated at 395 Slater Street.
After three consecutive months of year-over-year increases, Canada’s hotel industry recorded a decline in occupancy, according to CoStar’s July 2024 data.
The Hotel Association of Canada (HAC) has announced the appointment of Beth McMahon as its new president and CEO, effective September 16, 2024. An award-winning association leader, McMahon brings extensive experience to…
Opened in 2019 as the largest Residence Inn in the world, the 390-suite Residence Inn Calgary is a 33-storey property located in the Beltline District in downtown Calgary.
