VANCOUVER — Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc., has acquired the Regency Suites Hotel in Calgary from SM2 Capital Partners. The property will be re-branded as the Coast Calgary Downtown Hotel & Suites by APA and will welcome guests starting April 12.
The 120-room all-suite property boasts a fitness centre, 24-hour business centre, on-site laundry facilities, same-day dry cleaning and grab-and-go convenience store. Additionally, the hotel will be upgraded with signature features of APA Hotels including 55-inch televisions, TOTO Washlets and an array of in-room Japanese hospitality amenities, such as slippers and welcome origami cranes.
“We are very excited to expand our presence to the downtown Calgary hotel market,” says Takamasa Machiura, executive vice-president of Coast Hotels Ltd. “The acquisition of this high-quality hotel allows our company continued strategic growth and expansion and aligns very well with our existing Alberta properties located in Edmonton (four), Canmore, and Lethbridge. The current owners of the hotel, the Ali family and SM2 Capital Partners have very similar values as Coast Hotels, and we are thrilled to be able to continue the legacy of the Ali family and its ambassadors as we transition the property to the Coast family.”
Calgary will be the fourth hotel addition to the Coast Hotels network in recent months. Since Feb. 1, Coast has added properties in Grimshaw, Alta., Fort St. John, B.C., and Dawson City, Yukon.