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 the first time that guests can enjoy the 93-year-old coastal destination in all seasons.
When Digby Pines Golf Resort and Spa opens for the season on April 29, 2022, its doors are staying open for good.
"We are renovating this iconic coastal resort to offer year-round accommodations and activities," said Glenn Squires, president of The Pines' ownership group. "Our guests will enjoy Digby Pines in all seasons for the first time in its 93-year history. We're excited for the growth this will bring to The Pines and Digby region overall."
Renovations currently underway will see an estimated $12 million invested over the next 18 months. This includes winterizing Digby Pines for year-round operation as a vacation destination and economic engine for Southwestern Nova Scotia. Ultimately, there is potential for $100 million in investment in The Pines over the next five to seven years, through the creation of a vacation village of investment properties that The Pines would manage for the individual owners.
"We are very excited about this historic investment in the future of Digby Pines, Bear River First Nation and the wider Digby region," said Chief Carol Dee Potter, of Bear River First Nation. Bear River First Nation is the lead partner in the group that purchased The Pines from the Province of Nova Scotia in December 2019. "In the Mi'kmaq language, pjila'si is an expression of welcome and respect. This is what we want all guests to feel when they come to Digby Pines."
Upgrades already completed or underway include:
InnVest Hotels has acquired The Algonquin Resort St. Andrews by-the-Sea, Autograph Collection and The Algonquin Golf Course.
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