Kitchener, ON – (May 4, 2006)

Fortis Properties Corporation celebrated the 11,000 square foot conference centre expansion at the Holiday Inn Kitchener-Waterloo on April 20 with over 200 local business partners and guests. The expansion includes a state-of-the-art ballroom with seating for over 700 people, elegant reception areas and additional private meeting rooms to complement the hotel’s existing meeting space. 

“This expansion will address the regional shortfall in conference space, and support the growing needs of the community,” said Jonathan Lund, General Manager.  “The expansion provides us with the opportunity to showcase our exceptional service and first-class facilities, and to draw new conference business to the Waterloo region.”

“The $2.4 million conference centre is part of an ongoing three year renovation and expansion plan for the Holiday Inn Kitchener-Waterloo,” said Earl Ludlow, President and Chief Executive Officer of Fortis Properties Corporation. “Our investment reflects our confidence in both the economic growth of the marketplace and the abilities of the dedicated employees at the Holiday Inn Kitchener-Waterloo Hotel & Conference Centre.”

An award-winning hotel and market leader, the 183 room, full-service hotel boasts newly renovated executive guest rooms and suites; deluxe business accommodations featuring luxurious pillow top beds; a high-tech business centre; well-equipped fitness facilities including indoor and outdoor swimming pools; superb dining; and complimentary wireless high-speed Internet access.

The Holiday Inn Kitchener-Waterloo is one of 15 hotels 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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