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Kamloops hotel trades in landmark deal for Thompson Valley market

Off-market transaction achieves $233,333 per room
1175-rogers-way-kamloops
The 78-room Best Western Premier in Kamloops sold June 20, 2024, for $18.2 million.

DEAL | The Best Western Premier in Kamloops is a modern and upscale hotel at 1175 Rogers Way in the heart of the city. The off-market transaction closed June 20, 2024, for $18.2 million, an average of $233,333 a room. Its 78 rooms and suites feature premium amenities such as high-speed Wi-Fi complemented by on-site facilities including a fitness centre, heated indoor pool and stylish restaurant with a diverse menu. The property sits on a 1.27-acre site holding C3 zoning.

PRICE | $18,200,000

FROM | Ovais Siddiqui, Nationwide Realty Corp.