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Calgary Hotel Slated for Alternate Use Trades for $9.5 Million

Colliers Has Not Seen Major Pickup in Occupancy Since Americans Were Allowed To Cross Border
Colliers International brokered a deal for a Calgary hotel that will be converted to an alternative use. (CoStar)
Colliers International brokered a deal for a Calgary hotel that will be converted to an alternative use. (CoStar)
CoStar News
September 1, 2021 | 11:30 P.M.

Primacorp Ventures paid $9.5 million for a Holiday Inn in Calgary, the latest deal showing alternative uses for a sector where occupancy remains low.

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