TORONTO — Select Hotel Investment Partnership has acquired the 84-room Best Western Plus Inn & Suites in Orangeville, Ont.
The nine-year-old property features 7,250-sq.-ft. of banquet and meeting space, day spa treatment facilities and an onsite Boston Pizza restaurant. All rooms are junior suites, with separate seating areas and kitchenettes.
“This was a great opportunity to acquire a very attractive property, located in a vibrant market, with excellent prospects” says Eric Spindler, managing director of Select. “It fits well with our strategy of targeting upscale-focused service properties which offer strong potential”.
The hotel will be operated by Select’s partner, Concord Hospitality.