InnVest Hotels acquires The Algonquin Resort St. Andrews by‑the‑Sea, Autograph Collection and The Algonquin Golf Course
InnVest Hotels has acquired The Algonquin Resort St. Andrews by-the-Sea, Autograph Collection and The Algonquin Golf Course.
"It’s shaping up to be a great time for the accommodation industry to rebound with vigour in the Okanagan and Kamloops."
With most COVID travel restrictions gone or reduced, “it’s shaping up to be a great time for the accommodation industry to rebound with vigour in the Okanagan and Kamloops” according to iNFOnews.ca.
“For sure, the shortage of labour is definitely a huge issue,” Alison Langford, the B.C. Hotel Association’s newly hired workforce strategist told the B.C. based media outlet. Langford is compiling numbers to see how bad the situation actually is, acknowledging that there were times during the COVID pandemic when hotels said they were full even though they were only at 50 to 60 per cent capacity due to labour shortages.
“We have a serious crisis on our hands,” Langford said. “What are we collectively going to do to resolve this and why are people not going into these kinds of jobs? Why are they not interested in a hotel career or a restaurant career?”
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InnVest Hotels has acquired The Algonquin Resort St. Andrews by-the-Sea, Autograph Collection and The Algonquin Golf Course.
The new owners of the famed Windermere House hotel and resort on Muskoka’s Lake Rosseau intend to revitalize the building and its amenities while preserving the property’s historical integrity.
Proactive Hospitality has acquired the Coast Osoyoos Beach Hotel, B.C. CFO Capital arranged acquisition financing for the deal.
Tribute Portfolio – part of Marriott Bonvoy's extraordinary portfolio of 31 hotel brands – continues to grow its global family of characterful hotels with Honeyrose Hotel Montreal, a Tribute Portfolio Hotel, the brand's…