Here's a recent article on the thriving hotel real estate sector in Canada. Published in
The Globe and Mail's Report on Business, the article features Hotel Saskatchewan front and centre.
Interest hot for Canadian hotel properties
JOEL SCHLESINGER
Special to The Globe and Mail
Hotel Saskatchewan is back in Canadian hands after Winnipeg-based Temple Hotels purchased the Regina landmark last month
for for $32.8-million (U.S.) from the U.S.-based chain Radisson Hotels Corp.
"Regina’s Hotel Saskatchewan may not have the chateau-style architecture of its sister hotels built across Canada by Canadian Pacific Railway in the late 19th and early 20th centuries, such as the Banff Springs Hotel and the Château Frontenac in Quebec City. Yet the elegant, 10-storey iconic landmark on Victoria Avenue, completed in 1927, has remained like so many of Canada’s old CPR hotels – a premier destination...Its storied reputation played a central part in a Winnipeg-based real estate investment firm’s decision to purchase the 224-guestroom hotel last month for $32.8-million from the U.S.-based chain Radisson Hotels Corp. Yet Temple isn’t alone in its interest in Canadian hotels as a potentially profitable investment. Last year was the best year in half a decade for Canada’s hotel real estate sector, a recent report by Colliers International Hotels found...
...Temple will invest about $6-million over three years to upgrade guestrooms, the dining room, lounge, meeting space and lobby."
http://www.theglobeandmail.com/report-on...nadian-hotel-properties/article18726650/
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'Treated' shit, of course. 
Forward thinking on the part of the company as the city has an excess of a product and they're in need of that product.
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