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.
Naagaaniiyang Limited Partnership has celebrated its acquisition of the Victoria Inn in Thunder Bay. The occasion was commemorated with a culturally significant ceremony, a ribbon-cutting ceremony, and a gala dinner, hosted by the hotel’s new owners, signifying the historic nature of this business endeavour.
Naagaaniiyang Limited Partnership is a joint venture held by Michipicoten First Nation, Naicatchewenin First Nation, and Morris Group Canada. This partnership has now placed the Victoria Inn under majority Indigenous ownership, representing a significant step forward for First Nations involvement in the business landscape. This acquisition represents the largest investment to date for the two First Nations, collectively holding the majority of the hotel’s shares, as reported by Net News Ledger.
The Naagaaniiyang Limited Partnership successfully completed the purchase of the Victoria Inn in April 2023, driven by a shared vision of enhancing economic growth and capacity-building for Indigenous businesses in northwestern Ontario. This partnership serves as a compelling example of First Nations and the private sector uniting for mutually advantageous opportunities.
Opal Hospitality has expanded into the U.S. market with acquisition of Four Points by Sheraton Charlotte-Lake Norman, Huntersville, N.C.
Holiday Inn & Suites Parkway Conference Centre, St. Catharines, Ont. held a grand re-opening after its renovations—now double-branded with the addition of Staybridge Suites for extended stays.
On October 29th and 30th, the 2024 Western Canadian Lodging Conference (WCLC) took place at the Hyatt Regency, Vancouver, B.C., bringing together over 300 hospitality leaders and stakeholders from across the industry to…
FEATURE PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine