Quote:
Originally Posted by adamuptownsj
The city owns the hotel. Elias is acquiring the lease. InnVest seems like they will keep operating it.
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OK, perhaps I misunderstood. I thought InnVest has owned the hotel since 2006 and had a branding/management contract with Hilton for them to operate it.
From the Nov 27 Unifor press release.......
Earlier today, Unifor met with the Hilton Hotel General Manager, along with their director of Human Resources where we were advised that the Hilton brand and management of the property will end at the end of January 2026. However, we have been assured the facility will continue to operate as an independent hotel.
This afternoon, the Hilton Saint John Hotel,
along with its ownership group – InnVest Hotels – held town-hall meetings with the purpose of reviewing details of this new arrangement.