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Selling Prices of Niagara Falls Hotels

In 2010 there were 9 major hotel sales totaling $166.9 million. The highest selling price was the Marriott Fallsview, which sold for $76.4 million.  But that wasn’t the most expensive.  The Riverbend Inn & Vineyard, with only 21 rooms, sold for $4.75 million which equals $198,809 per room.

Hotel Selling Price Rooms Price per Room
Marriott Fallsview Hotel $76,400,000 432 $176,852
Sheraton Fallsview Hotel  & Conference Centre $70,000,000 407 $171,990
Quality Hotel & Conference Centre $7,500,000 144 $52,083
Riverbend Inn & Vineyard $4,175,000 21 $198,810
Ramada Plaza Niagara Falls $2,500,000 202 $12,376
Carriage House Motor Lodge $2,500,000 122 $20,492
Fairway Motor Inn $1,505,000 49 $30,714
Regency Motor Hotel $1,200,000 23 $52,174
Niagara Inn $1,120,000 40 $28,000

Source: http://www.hvs.com/Library/Articles/

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One Response
  1. The price of the hotel worth’s its amenities.

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