General Hotel News

[Harley613]

Originally Posted by J.OT13

Why always charcoal? It was way nicer as mid century buff brick.

I see they only painted the front, not the side.

[Kitchissippi]

Originally Posted by J.OT13

Why always charcoal? It was way nicer as mid century buff brick.

I see they only painted the front, not the side.

Had they taken the cues from their nice website branding, they could have kept the brick and painted the columns and balconies an off white and then used their corporate dark green. Could have been way classier:

[rockland]

Coincidentally, I recently stayed at a Sonder in San Francisco, and the outside was painted dark gray/black - maybe it is their brand?

[rocketphish]

Notable Q3 2023 transactions

Ottawa Marriott Hotel – Hotel

Standing at 29 storeys and easily recognizable with its circular rotating top floor, the Ottawa Marriot Hotel was acquired by Mississauga-based Manga Hotels for a total consideration of $86.5 million. The hotel contains 489 rooms, representing a price per room of $176,892. The hotel boasts an indoor pool, fitness centre, sauna, games room, restaurant, and a Starbucks, along with approximately 36,000 square feet of event space. The vendor, Toronto-based InnVest Hotels, had previously acquired the Ottawa Marriott Hotel in February 2016 for a total consideration of $111 million.

https://www.altusgroup.com/insights/...pdate-q3-2023/

[J.OT13]

So current owner selling at a loss. Hope the new owners will invest, maybe on a re-clad of the podium. Would love it if they pushed for better access to PdV concourse (stairs only now).