SM2 Capital Partners
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...