May 28, 2024


Tour For Your Life

Prepare your hotel for winter bookings

Canadian firm ventures across to US side of Niagara Falls

Imagery courtesy of CNW Team/K2 Group.

Canadian investment decision company K2 Team is to instigate a $3 million improvement programme on its new resort acquisition on the US aspect of Niagara Falls, New York.

Holiday getaway Inn Specific & Suites Niagara Falls is the fifth Niagara area resort residence, and very first US site for the investor’s developing hospitality portfolio.

Blue renovations

K2 Group intends to increase the 4-storey home by renovating both the exterior and inside of the lodge, as properly as upgrading all guestrooms to IHG Lodges & Resorts’ most up-to-date components blue assets enhancement strategy criteria.

The hotel functions amenities for small business and leisure travellers, together with an onsite business enterprise centre, heated indoor pool, fitness centre, laundry amenities, 500 sq ft of conference space, and complimentary substantial-velocity wi-fi.

Additional advancement

K2 Team president Kailash Kasal in-depth: “We are self-assured in the energy and continued progress of the Niagara Falls region as a preferred, dynamic holiday and business enterprise-journey vacation spot. We are psyched to have uncovered a terrific benefit-add lodge prospect on the American aspect of Niagara Falls. This property is by now just one of the greatest undertaking inns in the location and we anticipate to boost its efficiency even further with renovations, expected to be concluded in Q4 of 2023.

“This acquisition is a testament to the good results of K2 Group’s core hospitality financial investment tactic of obtaining and then developing and repositioning well-situated resorts in substantial-development marketplaces.”

Anto Vrdoljak, regional director, franchise gross sales and advancement – Canada at IHG, claimed: “For much more than three decades Vacation Inn Express has emphasised the ability of very simple, smart travel and a reliable and memorable practical experience that removes barriers for company. We are pretty energized to welcome K2 Group to the IHG Household and glimpse ahead to doing the job with their group on this task and additional to come in the long term.”

Other resort developments in the area include Cambria Hotel Niagara Falls, a 120-place website because of for completion in Q2 2023. The 7-storey developing is becoming manufactured on a vacant lot in the metropolis.