CFO Capital has arranged construction financing and opening of the 120-Key Holiday Inn Express Toronto Airport.
“This is another excellent example of the perseverance of Hoteliers that constructed during the pandemic. Faced with challenges including multiple interest rate hikes, high volatility of construction costs, lack of trades, construction stoppages/restrictions during Covid, and to finally open up in a market with record high RevPars,” says the CFO Capital team.
Located near downtown Toronto, near Toronto Pearson Airport–the hotel is located close to highways 401, 407, and 400. It also offers easy access for both corporate and leisure travellers.
The Ontario government has given the green light to Niagara Parks Commission (NPC) to redevelop the Toronto Power Generating Station (TPGS) into a five-star boutique hotel near the brink of Niagara Falls.
Mundi Hotel Enterprises Inc. has added a prominent property to its portfolio with the acquisition of the hotel component in Highline Metrotown, a mixed-use tower in Burnaby, British Columbia.
Taylor Swift’s Eras Tour kicked off its Canadian leg on November 14, 2024, at Toronto’s Rogers Centre, the first of six sold-out performances that will draw tens of thousands of fans nightly.
Kingston has a new crown jewel in its hospitality sector as the DoubleTree by Hilton and Home2 Suites by Hilton Kingston, along with the Ambassador Event Centre and the Cannery Kitchen & Social, officially opened…
