QUEBEC CITY — Valcartier Vacation Village (VVV) CEO and founder Guy Drouin is increasing his total private investment to $70 million with the acquisition of the iconic Hôtel de Glace.
The additional $5 million includes acquisition of Hôtel de Glace, its integration to VVV, new equipment, and marketing and promotion. “Together we will push the Hôtel de Glace concept even further. It will have the resources and additional services it deserves. In addition, we will pull out all the stops to open the site earlier than in the past, definitely in time for Christmas season,” says Drouin.
Hôtel de Glace founder, Jacques Desbois, and other key artisans will stay on board after the acquisition and, Drouin says, the number of jobs will remain the same. Founded in 2001, Hôtel de Glace has become a symbol of winter at its best in Canada and Quebec. Moving Hôtel de Glace to the VVV site follows the company’s announcement of a major construction project to build an immense indoor waterpark, a four-star hotel, a one-of-a-kind spa and a complete selection of restaurants.
“This will bring our total investment in Valcartier up to $130 million — $60 million to date, $65 million underway, plus the $5 million announced today,” says Drouin. “As of this December, the Quebec City area will be home to Eastern Canada’s largest all-season resort.”
Hôtel de Glace will open its doors in December 2016.