Prestige Capital Wins PCMA Award
Prestige Capital is honoured to have been awarded the PCMA 2018 “Investment Fund – Innovation” Award for the Prestige Hospitality Opportunity Fund -1. “We are pleased to have been recognized by the Private Capital Markets…
+Jan 2019
Courtyard Waterloo St Jacobs wins a Gold Medal Award
Every year The Waterloo Region Recordhosts an online nomination site where people from the community can go to nominate their favourite businesses and/or professionals from the Waterloo Region so they can be recognized. The CourtYard…
+Jan 2019
The world’s investors are checking into Canadian hotels
SPECIAL TO THE GLOBE AND MAIL Nov 27, 2017 In a sizzling real estate market, the Sheraton Centre hotel and convention complex on Queen Street West drew the attention of multiple buyers and sold in…
+Nov 2017
New acquisition – Courtyard by Marriott Waterloo, St. Jacobs
Prestige Hospitality Opportunity Fund – I buys Courtyard by Marriott Waterloo, St. Jacobs. The Courtyard Waterloo St. Jacobs features a total of 118 well-appointed guestrooms, 1300 square feet of flexible meeting space across 4 rooms, ample on-site parking, an oversized fitness centre, and The Bistro for breakfast and dinner. The Hotel has recently undergone a $3.9 million renovation and conversion to the Courtyard by Marriott. Courtyard by Marriott Waterloo, St. Jacobs.
+Nov 2016
Marriott International has completed its acquisition of Starwood Hotels & Resorts Worldwide, Inc.,
Marriott International, Inc. (NASDAQ: MAR) has completed its acquisition of Starwood Hotels & Resorts Worldwide, Inc., creating the world’s largest and best hotel company. Marriott now offers the most comprehensive portfolio of brands including leading…
+Sep 2016
TSX Private Markets Announcement
Prestige Capital is pleased to announce that Prestige Hospitality Opportunity Fund – I is now posted on the TSX Private Markets platform. We are now among a select few companies in Canada which have been…
+Aug 2016
HAMPTON INN & HOMEWOOD SUITES CALGARY AIRPORT NORTH Donate $5 from Every Guestroom to the Canadian Red Cross to support Fort McMurray
The Hampton Inn Calgary Airport North is offering complimentary breakfast until 10AM every day for all evacuees who need a break from the long drive, as well as any community members who would like to support the Red Cross fundraising efforts while having a bite to eat.
+May 2016
China’s global hotel shopping spree is back on
Chinese companies’ hunger for global hotel chains isn’t going away. Chinese companies are on a major global shopping spree so far this year, announcing deals for foreign firms at a record rate. As China’s economy slows, overseas acquisitions offer its corporations another way to expand.
International hotels are benefiting as Chinese consumers splash record amounts of cash on foreign holidays. Chinese tourists spent $215 billion abroad last year, 53% more than in 2014, according to a recent report from the World Travel & Tourism Council.
+Apr 2016
New Acquisition – TownePlace Suites by Marriott – London
PRESTIGE HOSPITALITY OPPORTUNITY FUND – I buys** TownePlace Suites by Marriott London
~ Marriott Development Project of the Year 2015 ~
THE HOTEL The TownePlace Suites London is currently under contract. It offers an extended-stay product featuring 126 guest suites with a fully equipped kitchen, separate living and sleeping areas. Guests have access to a complimentary buffet breakfast and convenience store. The hotel also features 980 square feet of flexible meeting space across two rooms with ample on-site parking. The $6.5 million renovation, completed in spring 2015, resulted in a total transformation of all guest facing spaces such as guestrooms, corridors, lobby, meeting spaces and kitchen areas.
+Jan 2016
Courtyard by Marriott Waterloo, St. Jacobs
Prestige Hospitality Opportunity Fund – I Announces Courtyard by Marriott Waterloo, St. Jacobs. The Courtyard Waterloo St. Jacobs, currently under contract, features a total of 118 well-appointed guestrooms, 1300 square feet of flexible meeting space across 4 rooms, ample on-site parking, an oversized fitness centre, and The Bistro for breakfast and dinner. The Hotel has recently undergone a $3.9 million renovation and conversion to the Courtyard by Marriott. Courtyard by Marriott Waterloo, St. Jacobs. The Courtyard Waterloo St. Jacobs, currently under contract, features a total of 118 well-appointed guestrooms, 1300 square feet of flexible meeting space across 4 rooms, ample on-site parking, an oversized fitness centre, and The Bistro for breakfast and dinner. The Hotel has recently undergone a $3.9 million renovation and conversion to the Courtyard by Marriott.
+Dec 2015