Marriott International has sold the 474-suite Sheraton Gateway Hotel in Toronto Pearson International Airport to an affiliated entity of Knightstone Capital Management for $130 million, or or $274,262 per room.
Marriott International Sells Toronto Airport Hotel
Knightstone Takes Ownership of Sheraton Gateway for $130 Million as Operator Divests Properties
By Garry Marr
CoStar News
November 18, 2019 | 5:21 P.M.
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IN THIS ARTICLE
- Properties
- Sheraton Gateway Hotel, Toronto International
Terminal 3, Mississauga, ON
- Companies
- Knightstone Capital Management
Construction