CFO Capital has successfully arranged acquisition financing for the Home2 Suites by Hilton in Huntsville, Ontario—a 92-room extended-stay hotel.
The deal comes amid continued growth in the hospitality sector, with both hotel acquisitions and new developments on the rise. Nationwide, hotel sales are trending upward as demand strengthens, reflecting a positive outlook for the industry.
Home2 Suites by Hilton is a popular extended-stay brand known for its modern amenities and flexible accommodations, catering to both business and leisure travellers. The Huntsville property is expected to benefit from the region’s growing tourism and corporate travel market.
Easton's Group of Hotels and The Gupta Group, in partnership with The Remington Group, the Rudolph Bratty family, and Marriott Hotels, have announced the official opening of the Kingston Marriott on December 18, 2024.…
Marriott International has appointed Bertil Fabre as area general manager.
Over the holiday season, InnVest Hotels presented a $75,000 cheque to Food Banks Canada-Banques alimentaires Canada. The funds were raised during InnVest’s Giving Tuesday initiative, and came from a portion of hotel…
Union Hotel, developed by the Silver Hotel Group, is set to open its doors in January 2025. Located at 60 York Street, the hotel is a bold reimagining of the former Strathcona Hotel, which operated from 1933 until 2023.
