Opal Hospitality expands to U.S., acquires Four Points by Sheraton Charlotte‑Lake Norman, N.C.
Opal Hospitality has expanded into the U.S. market with acquisition of Four Points by Sheraton Charlotte-Lake Norman, Huntersville, N.C.
CWB Franchise Finance has arranged financing for the opening of the AZUR Legacy Collection Hotel, the newest luxury hotel in downtown Vancouver.
The hotel was built during the pandemic in the heart of Vancouver’s financial district. The art-deco-inspired property is scheduled to open in the last week of August. The 104-room boutique property is located at 833 West Pender Street and marks the final project for its founder, Vancouver hospitality industry icon, Farida Sayani.
"CWB Franchise Finance completed financing within two months of being engaged. Thank you for choosing CWB Franchise Finance as your lending partner. We continue to actively provide financing solutions for the hotel sector in Canada," says Juan Duran, senior manager, hotel finance, CWB Franchise Finance.
Read more about the hotel as previously reported by STAY Magazine.
Opal Hospitality has expanded into the U.S. market with acquisition of Four Points by Sheraton Charlotte-Lake Norman, Huntersville, N.C.
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FEATURE PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine