MONTREAL — CFO Capital has acquired and re-positioned the Hyatt Place Downtown Montreal. The pre-existing Gouverneur Hôtel was acquired in August 2019 by Sageblan Investments. The 354-key hotel went through a $25-million capex and re-position program, converging to Hyatt Place and achieving above market Average Daily Rates (ADRs) and occupancy.
Home News Breaking News CFO Capital Repositions Former Gouverneur Hôtel as Hyatt Place, Downtown Montreal