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Sunray Group and Town of Wasaga Announce Agreement on New Development

Oct 21, 2024over 1 year ago

Contract Type

agreement

OntarioHospitalityHotel

Description

Sunray Group of Hotels and the Town of Wasaga Beach have announced a letter of intent for a new development in Wasaga Beach, set on 4 acres of land. The project includes a full-service hotel, restaurant, event spaces, retail, mixed-use residential component, public square, and plans for an assisted living retirement home. The project aims to create a brighter future for the community and a stronger, more resilient Wasaga Beach, benefiting full-time residents and future generations.

Company Information

Company

Sunray Group

Location

Ontario, Canada

About

Sunray Group of Hotels is a hotel management company based in Canada, owning and operating more than 70 hotels across the country.

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Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months