Viad Corp (VVI) Completes Banff Int'l Hotel Acquisition
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Viad Corp (NYSE: VVI) today announced that it completed the acquisition of the Banff International Hotel and related assets on March 7, 2012. This acquisition is expected to be slightly accretive to Viad's 2012 earnings.
The Banff International Hotel is located in the heart of downtown Banff, Alberta. With 162 guest rooms, the property features full-service accommodations, including a restaurant and recreation facilities, and is within walking distance of restaurants, museums and shopping. Apart from the Banff International Hotel, Brewster Travel Canada operates and owns the Mount Royal Hotel, a 135-room hotel located in Banff National Park and the Glacier View Inn, a 32-room hotel located in Jasper National Park.
The Banff International Hotel is located in the heart of downtown Banff, Alberta. With 162 guest rooms, the property features full-service accommodations, including a restaurant and recreation facilities, and is within walking distance of restaurants, museums and shopping. Apart from the Banff International Hotel, Brewster Travel Canada operates and owns the Mount Royal Hotel, a 135-room hotel located in Banff National Park and the Glacier View Inn, a 32-room hotel located in Jasper National Park.
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