hotel portfolio expansion
Coast Hotels Expands Portfolio With Acquisition of Regency Suites Hotel Calgary From SM2 Capital Partners
Coast Hotels | March 29, 2022
Vancouver, B.C. – March 29, 2022 – Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. and one of North America’s fastest-growing and Canada’s largest hotel brands, announced today that it has entered into an agreement to purchase the Regency Suites Hotel in downtown Calgary from SM2 Capital Partners. The property will be rebranded immediately as the Coast Calgary Downtown Hotel & Suites by APA and will start welcoming guests under the Coast Hotels flag starting April 12, 2022. The Hotel is a 120 room all-suite property located in downtown Calgary at the intersection of 6th Street and 4th Avenue. T...
Hospitality Ventures Management Group (HVMG) Assumes Operations of Two Premium Branded Orlando Hotels
Hospitality Ventures Management Group | December 10, 2021
Orlando, FL — December 10, 2021 — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel management and investment company, today began operating the 195-room Residence Inn Near Universal Orlando and the 160-room Fairfield Inn & Suites Orlando International Drive/Convention Center. “With the addition of these two hotels, our total portfolio is now at 56 properties,” said Robert Cole, president & CEO, HVMG. “We remain on track to have our second busiest year in our 20 year history, with the addition of 14 new hotels just since July. We expect to have more to announce before the year is ...
Accor Welcomes Hotel Belmont Vancouver Into the MGallery Hotel Collection
The MGallery Hotel Collection | December 1, 2021
World leading hospitality group Accor announced that effective today, December 1st, 2021, Hotel Belmont Vancouver will join the Group’s global portfolio of hotels and resorts as the first Canadian property in the MGallery Hotel Collection. Located at the epicenter of Vancouver’s entertainment district, the heritage property is a cultural and artistic nexus for locals and visitors alike, making Hotel Belmont Vancouver a perfect fit for MGallery’s storied collection of individual, boutique-styled hotels. Hotel Belmont Vancouver - MGallery Hotel Collection marks the brand’s first foray into the Canadian market, joining a global networ...
