News for the Hospitality Executive
Canadian Niagara Hotels to Purchase The Rosseau, A JW
Marriott Resort & Spa,
Niagara Falls, Ontario - July 21, 2011- Located on picturesque Lake Rosseau in the heart of Ontario’s Cottage Country, the one of a kind Resort and Spa is Canada’s first JW Marriott Resort and Spa - the most elegant and luxurious brand within the Marriott Group of Hotels.
The Rosseau carries the brand’s reputation of orchestrating memorable experiences for the accomplished traveller, and provides an environment of simple elegance for every guest. Located in the heart of the Muskoka Lakes resort community of Red Leaves, just 2 ½ hours north of Toronto, the JW Marriott Resort combines approachable luxury with authentic, crafted and intuitive moments for the ultimate retreat. An adventurer's paradise, this scenic Canadian resort boasts an array of indoor and outdoor activities for all seasons. The luxurious resort features a year-round indoor-outdoor pool, exquisite stone fireplaces in each guestroom & suite and the acclaimed Spa Rosseau. One of only 45 JW Marriott’s worldwide, hallmarks of The Rosseau include classic, sophisticated design, and scrumptious Italian cuisine at Teca, which has been recognized by Where Magazine as one of Canada's Top 10 New Restaurants in 2009.
“We are proud that we will soon be adding The Rosseau JW Marriott to our portfolio of first class hotels. This is unquestionably Canada’s premier Resort and Spa. We consider this Resort as a flagship property within our group of hotels” said Michael DiCienzo, Vice-President of Development, Canadian Niagara Hotels Inc.
“We are very excited about the acquisition of this outstanding property by Canadian Niagara Hotels”, said Scott Allison, vice president, Canadian Operations for Marriott Hotels of Canada. “We have been working very closely with this highly regarded hotel and entertainment company through their ownership of two existing Marriott hotels in Niagara Falls and we share their commitment to service excellence and outstanding hospitality. We sincerely congratulate Canadian Niagara and their 3500 employees on this new addition to their portfolio.”
Richard Morawetz, a Managing Director of Alvarez & Marsal Canada ULC, said he is pleased with this outcome, as the receiver is confident that Canadian Niagara Hotels Inc. is well-positioned to maintain this premier property as an outstanding resort and conference destination.
CBRE Hotels acted as Exclusive Advisors to the transaction. Bill Stone, Executive Vice President, sees this as a strategic, landmark acquisition in one of Canada’s premier vacation destinations with terrific potential.
Canadian Niagara Hotels Inc. consists of a number of business units which operate one of Canada’s largest entertainment complexes. Located directly in front of Niagara Falls, CNH has expanded and branched out into five divisions: accommodations, food and beverage, retail and attractions. Founded in 1993, Canadian Niagara Hotels continues to be one of Niagara’s most established tourism and hospitality companies with a portfolio of first class brands strategically located in both Niagara Falls, Canada and Niagara Falls, USA.
Marriott International Inc. is a leading lodging company with more than 3,600 lodging properties in 71 countries and territories. The company is headquartered in Bethesda, Maryland, USA, and had approximately 129,000 employees at 2010 year-end. It is ranked by FORTUNE as the lodging industry’s most admired company and one of the best companies to work for. In fiscal year 2010, Marriott International reported sales from continuing operations of nearly $12 billion.
Alvarez & Marsal is a global professional services firm specializing in turnaround and interim management, performance improvement and business advisory services. A&M delivers specialist operational, consulting and industry expertise to management and investors seeking to overcome challenges, accelerate performance and maximize value across the corporate and investment lifecycles. Founded in 1983, the firm is known for its distinctive restructuring heritage, hands-on approach and relentless focus on execution and results.
CBRE Hotels is a full-service, international service provider focused exclusively on hospitality. We provide global insight and tailor-made solutions from experienced consultants who are passionate about hotels. Headquartered in Chicago and comprised of over 160 dedicated professionals spread worldwide with over 50 professionals present in Canada and in all major markets in the US including Los Angeles, San Francisco, Seattle, New York, Washington D.C. and Miami.About The Rosseau, A JW Marriott Resort & Spa
The Rosseau Muskoka Resort & Spa is the first JW Marriott resort in Ontario, Canada. Guests enjoy unspoiled surroundings at this Muskoka vacation resort overlooking Lake Rosseau that is only 2-1/2 hours north of Toronto. Sample Italian cuisine at Teca, recognized by Where Magazine as one of Canada's Top 10 New Restaurants in 2009. Take pleasure in thoughtful staff, dedicated to helping guests enhance their stay at this Muskoka, Ontario, resort. Connect with local naturalists and artists; and after a day of outdoor activities, retreat to luxurious Muskoka lodging accommodations. Relax with an exquisite stone fireplace located in each brand new guest room. Select the Rosseau, a unique resort in Muskoka for your next trip and experience a sanctuary revealing the enchanting beauty of nature on your terms.
For more information or to make a reservation, call 866-240-8605, or visit www.JWRosseau.com.
Canadian Niagara Hotels Inc.
(905) 374-4444 4769
Rosseau, A JW Marriott Resort & Spa, Minett, Ontario Welcomes Shaun
Crymble as Executive Chef / May 2011
International to Open 153-room JW Marriott Hotel in Cusco, Peru to be
Managed by Inversiones La Rioja, S.A / March 2011
Largest JW Marriott, the JW Marriott® Indianapolis Downtown, Opens
Completing the $450 million Marriott Place Development Project /
Marriott Marquis Hotel Miami Opens as the 47th JW Marriott Property;
Plans Include an Addtional 20 Properties Over Next Five Years /
Soon to Open JW Marriott Marquis Hotel Miami Taking Amenities to
Another Level with a Virtual Bowling Room, Virtual Golf Facility and a
10,000 sq ft NBA Basketball Court; Not to Mention Daniel Boulud's db
Bistro Moderne and a Hotel within a Hotel, the Hotel Beaux Arts Miami
/ August 2010
|357-room JW Marriott Miami Marquis Hotel Being Developed by MDM Hotel Group, LTD in Downtown, Miami; Will Include Daniel Boulud's DB Bistro Moderne / September 2009|
|The Metropolitan Miami Project in Downtown Miami Planning a 396-room Miami Met Marquis, a New Brand Addition to the JW Marriott Collection Hotels; Joins Daniel Boulud's DB Bistro Moderne / June 2007|
|Florencia Tabeni Appointed General Manager for the JW Marriott Marquis Miami and Hotel Beaux Arts Miami / December 2009|