Overview: The Destination Hotel and Suites is the best location in Waterloo, well known by travelers and local alike. The hotel is perfect for business travel as well as for a leisure visitor being in the heart of new Waterloo. Being within a three minute walk to Waterloo's Conestoga Mall, multiple restaurants and a short drive in our shuttle to RIM as well as local universities the hotel is enjoyed by everyone. The three diamond boutique hotel has 48 traditional rooms and 56 suites, all rooms feature kitchenette facilities, LCD televisions as well as an array of other amenities.
Project: The hotel was purchased by Palm Holdings in October of 2010. The hotel has strong potential since it is the most central hotel in new Waterloo. In 2010 Waterloo was recognized as being Canada's second best location to invest. The growth potential as well as high barriers to entry of Waterloo makes this a promising investment for the group.