Colliers Hotels has announced the sale of the Newfoundland & Labrador hotel portfolio on behalf of Clayton Hospitality Inc. to Wave Hospitality.
Comfort Inn Gander. Courtesy of Choice Hotels.
This 283-key portfolio comprises three award-winning properties located across Newfoundland & Labrador in strong local markets (Comfort Hotel Airport St. John's, Comfort Inn Gander, and Quality Hotel Clarenville), offering accessibility—as well as a mix of leisure and corporate demand generators.
Colliers acted as elusive advisor. CFO Capital and Canadian Western Bank arranged financing.
Three-hotel portfolio images courtesy of Colliers.
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