Orangeville Best Western Plus Inn & Suites


  • Select acquired Best Western Plus Inn & Suites in Orangeville Ontario with 84 rooms, 7,250 sf of function space, and day spa treatment facilities.

 

  • Hotel will be operated by Select’s partner Concord Hospitality, a leading North American management company.

 

  • Hotel was owned by syndicate retiring from hotel industry so situation was opportune.

 

  • Site includes Boston Pizza restaurant leased to franchise operator for ongoing rental income.

 

 


Post Acquisition Performance 

  • Orangeville is a regional centre for commercial and leisure activity expected to support solid occupancy performance.

 

  • All guest rooms are junior suites, with separate seating areas and kitchenettes, capable of attracting strong room rates.

 

  • Elegant ballroom and banquet facilities for business and social occasions provide significant additional revenue.

 

  • Property includes 2.6 acres of vacant land available for additional uses to be evaluated.

 

  • Acquisition price and property performance indicate favourable future prospects.