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Trio of trophy resorts hit the market

Painter’s Lodge among three Vancouver Island resorts listed by Oak Bay Marine Group
Painters Lodge trio of resorts
 
The Oak Bay Marine Group is selling its three Vancouver Island resorts — Painter’s Lodge at Campbell River, April Point Resort and Spa on nearby Quadra Island, and Canadian Princess Lodge in Ucluelet.
 
The properties are being marketed through Colliers International. No asking prices have been made public. The resorts will remain open for business.
 
“The hope is that a buyer will come forward who shares the goal of providing exceptional vacation experiences — one who will operate the resorts with the same mix of tradition, vision and passion that our current staff exemplify,” said a statement from Brook Castelsky, Oak Bay Marine’s chief operating officer.
 
Bob Wright, who died in 2013, owned the resorts as part of his Victoria-based Oak Bay Marine Group, which he founded in 1962. 
 
Victoria-based tourism consultant Frank Bourree, of Chemistry Consulting, said the three properties need investment and more aggressive marketing.
The time is right to sell, he said. 
 
“We are on the world stage here and those are first-class locations in beautiful settings,” Bourree said. “There has been so much foreign investment in B.C., this is going to attract a lot of attention.”