Part of a mixed-use property, the hotel features 131 rooms and suites and follows Warwick’s core strategy of owning hotels in the centre of commercial, cultural and gastronomic activities in international gateway cities.
Suites feature kitchenettes, king-sized beds and the property contains several amenities.
The opening came after Warwick purchased Hotel Le Crystal for an undisclosed some from a group of buyers. No purchasers were identified, but Montreal-based real estate law firm De Grandpré Chait said it closed the sale of Hotel Le Crystal on behalf of 126 investors and owners of condotels.
Hotel Le Crystal closed during the COVID-19 pandemic as hoteliers and resort operators across the globe saw their businesses decimated. Warwick owns and operates about 20 hotels in the Americas, Europe and the South Pacific. The company also operates another 20 hotels through management contracts.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.