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Toronto Group Looks To Launch New Company With Purchase of Five Hotels

Entity Would List on Toronto Stock Exchange and Have 2,079 Rooms in US and Canada
The Sheraton in Montreal would be part of a new hotel group being created through a special purpose acquisition company. (CoStar)
The Sheraton in Montreal would be part of a new hotel group being created through a special purpose acquisition company. (CoStar)
CoStar News
December 7, 2021 | 6:29 P.M.

A Toronto-based special purpose acquisition company said it is proposing a deal totalling 411 million U.S. dollars for five hotels, including the Sheraton Centre in Montreal.

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