News and Insights.
Sale - Days Inn by Wyndham Sarnia Waterfront
October 2024 - The Days Inn Sarnia is a 94-room limited-service hotel that is well located along the Sarnia Harbour and minutes from the international border between the Village of Point Edward, Ontario and Port Huron, Michigan. Garnering a strong level of interest from regional investors the hotel stood out as a well-maintained asset that performed well, consistently holding a top three position amongst its competitive set.
Sale - The Willowdale Hotel
June 2024 - Beechwood Real Estate Advisors, Brokerage Inc. is pleased to announce the sale of The Willowdale Hotel on behalf of the court-appointed receiver The Fuller Landau Group Inc. to 170 Willowdale Ave Holdings Inc. Situated in Toronto's East Willowdale neighbourhood, this 13-room boutique property is one of only three hotels within a five-kilometre radius in downtown North York. The opportunity garnered strong interest from local and regional investors who were attracted by the profitable in-place hotel operation, its expansion potential and the operational flexibility to manage the business under potential scenarios.
Sale - Holiday Inn Express Belleville
April 2024 - This 80-room, limited-service hotel garnered interest from a qualified, experienced buyer thanks to its excellent condition, with almost $2 million invested to elevate the property to the Holiday Inn Express Formula Blue design in 2018. The hotel is a RevPAR leader in the market and extremely well-located in the heart of Belleville, ideally situated along Highway 401, mid-way between Toronto and Ottawa.
CoStar’s 2024 Hospitality Outlook Webinar
January 2024 - Beechwood Senior Vice President, Sylvia Occhiuzzi, participates in CoStar’s 2024 Hospitality Outlook Webinar.
The Hotel Buy Podcast
Beechwood has launched a podcast series called The Hotel Buy. Check it out here.
Sale - Super 8 Port Elgin
June 2023 – The award-winning Super 8 Port Elgin had been owned and operated by the same family for the past five decades and in recent years consistently ranked among the top eight of all 2,300 Super 8 hotels across North America. As a highly sought-after rooms only operation in a four seasons destination with a solid corporate base, strong interest was quickly garnered with a sale ultimately finalized within three months.
A Day in the Life - Moderated by Sylvia Occhiuzzi
April 2023 - Beechwood Senior Vice President, Sylvia Occhiuzzi, moderates “A Day in the Life - Top Hotel Successes and Failures Heard Here, live and Willingly Shared!” at the 2023 Canadian Hotel Investment Conference held at The Fairmont Royal York, Toronto, Ontario.
STAY Magazine - Canadian Hotel & Finance
March 2023 - Beechwood Senior Vice President, Sylvia Occhiuzzi, contributed to the Canadian Investment & Finance article published in STAY Magazine.
Promotion Announcement
Beechwood Real Estate Advisors, Brokerage Inc. is thrilled to announce Sylvia Occhiuzzi has been promoted to Senior Vice President and is now a principal in the company.
Sale - The Water Tower Inn, BW Premier Collection
December 2022 – A market leading, owner-operated hotel in Sault Ste. Marie, The Water Tower Inn prided itself on its loyal leisure and corporate customer base that had been nurtured for almost 50 years. The hotel presented a strategic opportunity for an investor seeking to grow its Northern Ontario hotel portfolio with a comprehensive full-service offering that was exceptionally well-maintained and offered great operational flexibility to implement new marketing and management strategies.
Sale - Travelway Inn
December 2022 – The Travelway Inn was an established limited-service hotel strategically located across from Health Sciences North, Northeastern Ontario’s regional referral and academic health sciences centre and one of Canada’s top 40 research hospitals. Owned and operated by the same ownership group for over 30 years, the Travelway Inn was prime for its next chapter when acquired by a proven hotel group with a strategic need to expand its portfolio.
Hotelier Magazine - Investment Roundtable
Beechwood Senior Vice President, Sylvia Occhiuzzi, participated in the Hotel Investment Roundtable hosted by Hotelier Magazine and Marriott Hotels Canada. Read the article posted below, which highlights the panel’s discussion on how the hotel industry has performed in the current environment and how the panellists anticipate the market will react through the next economic cycle.
Sale - TownePlace Suites Belleville
January 2022 - TownePlace Suites is well located in the City of Belleville, adjacent to the Shorelines Casino Belleville and minutes from Belleville’s two main exits off Highway 401. The property consistently performs at a premium over its competitive set, offering guests a high quality, well maintained extended stay hotel associated with one of the world’s leading hotel brands. It is the only all-suite hotel in the market.
Sale - Skyline Resort Portfolio (Huntsville, Collingwood, Barrie)
December 2021 - A strategic portfolio acquisition of Deerhurst Resort and Horseshoe Resort, and their respective development lands, as well as the remaining development lands at Blue Mountain. The sale marks one of the largest resort transactions in Canada in the last fifteen years.
Sale - Best Western Plus Lamplighter Hotel and Conference Centre
August 2021 - This exceptionally maintained, full-service hotel was part of a broad estate plan to sell the owner’s major commercial real estate holdings. A landmark in the community, the Lamplighter Hotel is a perennial Best Western Hotels and Resorts award winner and consistent top performer in the market.
HIT Canada - Wave 2 Survey Results
The second wave of the Hotel Investment Tracker (HIT) Canada was conducted in June 2021 with the goal of capturing the pulse of the hotel investment community across the country and to continue monitoring signs of recovery through the Covid-19 pandemic.
Sale - Grand Tappattoo Resort
June 2021 - Grand Tappattoo Resort is a well-established year-round resort situated on approximately 50 acres of land in the District of Parry Sound, Ontario. Thanks to a well-managed, highly organized seller and highly experienced, motivated buyer, the property was sold in less than three months.
BNN Bloomberg Interview
Beechwood Vice President, Sylvia Occhiuzzi, was interviewed on BNN Bloomberg, discussing the findings from the first HIT Canada Sentiment Survey and how the industry is coping at this stage in the pandemic.
Hotel Investment Tracker (HIT) Canada
Beechwood partnered with Nanos Research and Big Picture to track hotel ownership sentiment across the country for real-time feedback on how the industry is faring through the Covid-19 pandemic and to monitor signs of recovery.