DALLAS — Independent hotel-investment and management firm Aimbridge Hospitality announced that its Canadian affiliate has acquired Canadian condo-hotel management company, Bellstar Hotels & Resorts, Ltd.
Bellstar manages luxury destination resorts across western Canada.
“I’m excited to pass the torch to Aimbridge Hospitality, a company just as dedicated to innovation and revenue growth,” says Dale Hodgson, CEO at Bellstar Hotels & Resorts. “The robust infrastructure and proven managerial performance Aimbridge brings to the table bodes really well for our owners and guests going forward.”
The transaction adds seven Canadian properties with a total of more than 600 keys to Aimbridge Hospitality’s hotel portfolio. The newly acquired properties, all independent assets located in Western Canada, include:
- Grande Rockies Resort, Canmore, Alta.
- Solara Resort & Spa, Canmore, Alta.
- Glacier Mountaineer Lodge, Golden, B.C.
- Kicking Horse Homes, Golden, B.C.
- Palliser Lodge, Golden, B.C.
- The Royal Kelowna, Kelowna, B.C.
- The Beach Club Resort, Parksville, Vancouver Island, B.C.
In addition to the seven condo-hotel management agreements, Aimbridge will acquire a corporate office in Calgary that currently employs 18 people in support of the Bellstar portfolio.
“The acquisition of this robust company and its seven thriving properties is a huge addition to Aimbridge Hospitality’s international portfolio,” says Dave Johnson, Chairman and CEO at Aimbridge Hospitality. “As we look toward international expansion, we’re proud to welcome these properties to our management portfolio and look forward to ongoing success in the Canadian market.”