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.
Toronto’s Park Hyatt is once again welcoming guests at the fully restored property, including the iconic 17th-floor rooftop bar now called the Writers Room.
Toronto’s Park Hyatt is once again welcoming guests at the fully restored property, including the iconic 17th-floor rooftop bar now called the Writers Room.
"Through the evolution and restoration of Park Hyatt Toronto, exceptional personalized service remains the heart of this remarkable transformation," says Bonnie Strome, general manager. "We are proud to welcome guests back to the reimagined Park Hyatt Toronto with services from the hotel's illustrious past, while proudly introducing new experiences for its much-anticipated future."
The restoration of Park Hyatt Toronto comes as part of a wider redevelopment of the site into a mixed-use destination by its owner, Oxford Properties. The 219 guest rooms—including 40 luxurious suites balances residential comfort with contemporary design. The complex includes residential and retail space at the intersection of Avenue Road and Bloor Street.
"We felt a deep sense of obligation to create a destination that not only respects and embraces Park Hyatt Toronto's storied history, but one that also reflects Toronto's emergence as a truly global city," says Tyler Seaman, head of Hotels and Multi-Residential, North America, at Oxford Properties. "This project is a celebration of the best of Canada. It's reflected in its design palette, which is influenced by the Group of Seven, the curated art on display, and right down to the materials we used including limestone-flooring from Owen Sound.”
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…