TORONTO — CFO Capital closed out 2024 with the successful completion of another hotel portfolio financing.
On behalf of PHI Hotel Group and Perfect Hospitality, CFO Capital arranged financing for three exceptional properties in Alberta: the 153-guestroom Holiday Inn by IHG in Calgary Airport; the 142-guestroom Four Points by Sheraton; and the 77-guestroom Element by Marriott in Edmonton.
The Canadian hotel market concluded 2024 with higher-than-expected RevPAR’s, setting the stage for a great year in 2025.
