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The Challenge

As a foreign investor considering a first-time acquisition in Canada, Bluesky Hotels & Resorts (Bluesky) Montreal Hospitalityrequired assistance in understanding the characteristics, performance, and value of a portfolio of 113 hotels located across Canada. Bluesky engaged Cushman & Wakefield’s Hospitality & Gaming Group to conduct research into each of the hotels and their competitive markets, and to provide information to Bluesky to allow it to better formulate an acquisition strategy and bid price. The portfolio involved full, select and limited service hotels under numerous brands and located in diverse markets.

 


The Solution

Cushman & Wakefield utilized its core Hospitality team to research each of the hotel’s competitive markets and the role of each of the subject hotels. In conjunction, our regional offices provided input into local economic activity and key area developments. The team also used information provided by the vendor as well as from our files to develop a detailed analysis on each hotel and to provide Bluesky with our estimates of value.


The Result

Cushman & Wakefield inspected each hotel and provided a preliminary assessment of the entire portfolio within three weeks. This gave Bluesky enough information to have comfort in moving forward with its acquisition strategy. Within another three weeks, we completed our valuation reports and our client was successful in its purchase of the portfolio. We continue to work with Bluesky and look forward to a long relationship.

FEATURED STORIES

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FEATURED SERVICES

Asset Services
Managing office, retail or industrial property to reduce costs, mitigate risk, and enhance value—while providing superior tenant service.
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Capital Markets
Our capital markets team leverages an integrated suite of investor services to deliver strategies to solve complex real estate challenges.
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Total Workplace Consulting
Total Workplace consulting brings together thought leadership, strategy, and guidance to help both occupiers and investors to address how work is changing, where people live, work and play, and what the implications are for real estate.
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Portfolio Intelligence
Our Total Workplace experts will help you create a foundational strategy that positions you for what’s next to meet your business goals.
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Valuation & Advisory
Offering responsive and leading market intelligence.
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Project & Development Services
Our Project & Development advisors bring a long-term perspective that minimizes risk and drives value throughout design and construction.
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Workplace Strategy
Our Total Workplace experts will help you create a workplace strategy that positions you for what’s next to meet your business goals.
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Headquarters Consulting
Our Total Workplace experts will help you create a foundational strategy that positions you for what’s next to meet your business goals.
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Labour Analytics and Location Strategy
Our Total Workplace experts will help you create a foundational strategy that positions you for what’s next to meet your business goals.
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Change Management
Our Total Workplace experts will help you manage change that positions you for what’s next to meet your business goals.
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Dispute Analysis & Litigation Support
When you need litigation support, turn to us to deliver robust advice, meticulous attention to detail and quality execution.
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Valuation for Financial & Tax Reporting
We provide services for financial reporting purposes— such as fair value, purchase price allocation, and fresh start accounting—which adhere to GAAP, IFRS and other standards, as well as country-specific compliance.
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HOW CAN WE HELP?

Call us today or schedule a meeting to discuss what’s next.
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