Hotel
Industry
Lenders Concerned About Owner Of Richmond Versante Hotel As Sales Process Stalls
Owned and operated by Michael Ching and Sunwins, the Versante Hotel at 8499 Bridgeport Road in Richmond became the subject of a foreclosure in January 2024.
Mar 14, 2025
Hotel
Sunray Group Acquires Toronto's Bisha Hotel For $91M
Founded by Ray Gupta, Sunray Group now owns over 70 hospitality properties, the latest being the Bisha Hotel at 80 Blue Jays Way.
Burnaby
Bosa Properties Buys 2.7-Acre Best Western, Continuing Investment In Burnaby
Bosa Properties recently acquired the Best Western Plus at 5411 Kingsway in Burnaby, as well as the adjacent parcel at 5367 Kingsway.
Industry
Thind Sells Hotel Component At 48-Storey Highline Metrotown For $47.2M
The hotel will be known as Hyatt Place Metrotown and be housed in the 10-storey building podium of Thind's Highline tower in Burnaby.
What You Missed: KW Living Realty Reflects On Keller Williams’ Family Reunion 2025
This wasn’t the first KW Family Reunion for Ben and Kelvin Wong, the next generation heading KW Living Realty. But this year did mark a notable difference.
Development Projects
Marcon Cancels 10-Storey West End Condo Project, Pivots To 29-Storey Hotel
The subject site of the proposal is 2030 Barclay Street, where Marcon was planning a 10-storey luxury condo project.
Commercial
As Vancouver Office Market Dips, Developers Turn Their Attention To Hotels
There continues to be uncertainty around the office market, while the region pushes for more hotel development ahead of FIFA 2026.
Industry
Court Allows Trump Hotel Vancouver Owner To Sue Ex-Bankruptcy Trustee
The former operator of the Trump Hotel Vancouver, TA Hotel Management Limited Partnership, assigned itself into bankruptcy in August 2020, with Grant Thornton as the trustee.
Listed Commercial
Yorkville Development Site Zoned For 38-Storey Hotel Listed For Sale
The sale of 820 Church Street in being brokered by Colliers, and the property is currently zoned for 38 storeys, 118,920 sq. ft of gross floor area, and 172 units.
Listed Commercial
Boutique Versante Hotel In Richmond Put Up For Sale Over $80M Debt
The Versante Hotel sits at 8499 Bridgeport Road in Richmond, near YVR, and has been made available for purchase via private sale.
Development Projects
Bosa Properties Changing Hotel-Office Project On W Broadway To Full Hotel
Bosa Properties is now seeking to revise its original plan of one office building and one hotel into two hotels, "in response to the strong demand for hotel rooms and to support tourism, the city, and the local community."
Development Projects
12-Storey Hotel On W Broadway Outside VGH Moves Forward
Hallmark Hospitality Group received rezoning approval for the 12-storey hotel planned for 901 W Broadway in July 2022.
Development Projects
Bosa Properties To Redevelop Listel Hotel In Vancouver West End
The Listel Hotel sits at 1300 Robson Street in downtown Vancouver and will close its doors in November to be transformed into a 28-storey mixed-use tower.
Development Projects
Deecorp Properties Proposing 33-Storey Hotel On Granville Street
The 464-room hotel proposed by Deecorp Properties would sit at the intersection of Granville Street and Davie Street in Vancouver.
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