Quality Hotel Grand Prairie

Grand Prairie, AB

Grand Prairie, AB March 2013 - CBRE Hotels acted as exclusive advisor to SilverBirch Hotels & Resorts for the sale of the Quality Hotel & Conference Centre, Grande Prairie.

Opened in 1979, this 102 room hotel has a restaurant, lounge, 8,700 SF (808 SM) of meeting space and a liquor store. The Hotel benefits from a provincial economy that continues to lead the country in GDP growth, which has translated to increased lodging demand. The Alberta North Area market is reporting the second strongest RevPAR growth as of year end 2012, at 11.1%, after Calgary’s growth of 13.1%.

The Hotel was sold unencumbered by brand and management by the Canadian Hotels Broker Team. Ownership intends to operate the hotel as an independent property as the Paradise Inn Grande Prairie.

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