WINNIPEG — Lakeview Hotel Investment Corp. has sold the Lakeview Inn & Suites – Edson East hotel, in Edson, Alta. for $2.9 million, it was announced Sept. 8.
The purchaser of the hotel has entered into a 15-year license agreement that will see the property continue to operate as a Lakeview Inn & Suites. Lakeview Hotel Investment Corp. will share in the ongoing licensing revenue. Colliers International Hotels brokered the transaction.
Lakeview Hotel Investment Corp receives income from ownership, management and licensing of hotel properties.