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.
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.
The property was purchased on April 15, 2023, by a group of investors and will be managed by the B Hospitality group based in Cambridge, Ont. which also manages two other hotels.
Windermere House will continue to operate as a 58-suite hotel and resort with a wide range of amenities, including an on-site restaurant and pub with live entertainment. Where it previously operated on a seasonal basis, its owners plan for it to be open year-round.
“Our intention is to uphold Windermere House’s vibrant history, restoring its lustre and improving on its operations,” says Joe Hall, vice president of sales at B Hospitality. We are excited to offer guests an exceptional experience at the property with luxury suites and amenities, and expertly crafted food. We are also community-minded and intend to build partnerships with local businesses and organizations wherever we can.”
Each member of Windermere House’s new ownership group belongs to the senior leadership team (some are co-founders) at Skyline Group of Companies, an $8.2 billion firm based in Guelph, Ont. Skyline Group of Companies purchases, manages, develops, and offers investments in various real estate portfolios (multi-residential, industrial, and retail) and clean energy assets.
The property evokes a deep sense of nostalgia for residents and cottage owners on Lake Rosseau and the surrounding township.
“The building’s ownership group all have small-town roots themselves and understand the nostalgia and pride that this property brings to people who live and vacation here. Windermere House is a Muskoka icon, and it will be treated as such. They are passionate about preserving the integrity of its historical features and intend to breathe new life into the property," says Hall.
The “Lady of the Lake,” as the Victorian-style property is nicknamed, first operated in 1870 as a boarding house. It was almost entirely destroyed by fire in 1996 while it was being used as a set for the Hollywood film The Long Kiss Goodnight. It was immediately rebuilt with the original design replicated, and opened the following year.
The hotel and restaurant officially re-opened on May 25, and the pub will follow on June 3. The rest of the grounds will officially re-open on June 19. Furthermore, the public is invited to attend the property’s grand opening ceremony on June 21 starting at 3:00 PM in the Islandview Room.
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…