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Vrancor Acquires GTA Properties


Vrancor Group, the Hamilton, ON-based owner and operator of 15 branded and independent hotels in Ontario, has acquired the 260-room Novotel Toronto-North York and the 325-room Novotel Toronto-Mississauga Centre hotels.

“We are excited to welcome two award-winning hotels to Vrancor Group as we continue to pursue our smart-growth strategy” said Darko Vranich, CEO and president, Vrancor Group. “We pride ourselves in creating a sense of uniqueness and individuality for each of our properties and we are excited to expand our vision to create inspiring, award-winning environments within the dynamic business environments of Mississauga City Centre and Toronto-North York.”

NOVOTEL TORONTO MISSISSAUGA CENTRE

Novotel Toronto-MIssissauga CentreLocated in the heart of Mississauga, the Novetel Toronto Mississauga Centre is directly across the street from Mississauga City Hall, Mississauga Living Arts Centre, Celebration Square and one of Canada’s largest indoor shopping complexes, Square One Shopping Centre. The hotel is a proud recipient of the 2015 Mississauga Business Times “Readers Choice Top Performing Hotel” award.

On-site facilities include:

      • 10,000 square feet of usable meeting and event space, with two ballrooms offering capacities up to 280 and 400 persons respectively plus five breakout rooms
      • contemporary Trio Restaurant and Lounge, which serves breakfast, lunch and dinner
      • full-range of banquet options
      • fitness centre and indoor heated salt water pool
      • large guestrooms and suites that feature a choice of king, queen or double-beds, en suite bath or walk in shower, in-room safe, cordless telephone and voicemail, a large desk with ergonomic chair, flat screen TV with cable and pay movies, free Wi-Fi, and complimentary tea/coffee services
      • executive guestrooms also include the choice of complimentary full hot breakfast or free parking

Mississauga, Ontario is Canada’s sixth largest city, with a population of 752,000. It is home to Lester B. Pearson International Airport, Canada’s busiest airport with nearly 32 million guests annually. The city is also home to more than 54,000 businesses, including 60 Fortune 500 companies with either Canadian or Global head offices within city boundaries.

NOVOTEL TORONTO NORTH YORK

Novotel Toronto-North York, Vrancor GroupA consecutive winner of TripAdvisor’s Certificate of Excellence, the Novotel Toronto North York is conveniently located with direct access to North York’s business district, North York Centre subway station, numerous restaurants, Empress Walk shopping and attractions that include Gibson House Museum and the Toronto Performing Arts Centre.

Onsite facilities include:

    • 7,400 square feet of usable meeting space including a ballroom with capacity for 300 persons plus 10 breakout rooms
    • Trio Restaurant and Lounge, which offers breakfast, lunch and dinner, as well as in-room dining
    • modern standard and executive guestrooms and suites, which feature a choice of king or two double beds, en suite bath or walk-in shower, in-room safe, cordless telephone and voicemail, a large desk with ergonomic chair, flat screen TV with cable and pay movies, complimentary Wi-Fi and tea/coffee service
    • executive guestrooms offer additional features including upgraded décor with walk in shower, pod coffee machine, radio alarm clock with MP3 plug-in, extra bathroom amenities, bathrobe and slippers and a choice of full breakfast or parking included in the rate

North York is a former municipality in the City of Toronto and today is part of the Greater Toronto Area. Geographically, it comprises the central part of the northern section of Toronto, with a population of over 700,000 people. North York is well connected with three subway stations running along the Yonge Street corridor. Downsview Airport will be the future site of the Centennial College Aerospace Campus. Within the area, Shoppers Drug Mart, Procter & Gamble, Nestle, Cadbury Adams, Lindt & Sprungle, Equifax and Xerox maintain their Canadian corporate headquarters. The Government of Canada also has significant office presence. Other area key demand generators include York University, Downsview Park Sports Centre, Toronto School Board, Seneca College, Osgoode Hall Law School and Yorkdale & Fairview Mall shopping centres.

 



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