Sarnia, ON – (May 5, 2006)
The new expansion at the Holiday Inn Sarnia-Point Edward is open for business. Fortis Properties Corporation announced the completion of the $7.7 million project, which includes a new five-storey tower with 70 rooms, featuring Jacuzzi suites, extend-a-stay suites and business suites. Other additions include a business centre, three meeting rooms and an additional 3,000 square feet of ballroom space.“We are extremely excited about our newly renovated hotel,” said Doug Loucks, General Manager of the Holiday Inn Sarnia-Point Edward. “Not only have we increased our product offering, but we have also enhanced the appeal of Sarnia-Point Edward as a destination. This expansion enables us to attract larger groups and conventions, and increases economic benefits to the region.”
Earl Ludlow, President and Chief Executive Officer of Fortis Properties, stated the expansion is a sound investment for the Company, and one of which it is very proud. “The Holiday Inn Sarnia-Point Edward has shown strong performance since we acquired the hotel in 2003. Increased demand in the local market, and a committed and hardworking team of employees at the hotel were drivers behind our decision to make this investment,” said Ludlow. “This project afforded us the opportunity to increase our competitive advantage and enhance our community presence. We are pleased to be a business partner in the Sarnia-Point Edward region.”
Project construction began in April 2005. Over 53,000 person hours were clocked for this project, with the majority of contractors being from the Sarnia region. The hotel now boasts 217 rooms and over 12,000 square feet of meeting space.
The Holiday Inn Sarnia-Point Edward is the largest full-service hotel in the region. The hotel is one of 15 owned and operated by Fortis Properties Corporation. A subsidiary of Fortis Inc., Fortis Properties is a leading Atlantic-Canadian based company with holdings in commercial real estate, hotels and hydro generation.
For more information on Fortis Properties and its operations, please visit the Company’s web site at www.fortisproperties.com.
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