TORONTO — The Delta Centre-Ville in Montreal will close at the end of October, the company announced Wednesday.
The landmark hotel at University Street and St. Antoine Street West has more than 700 rooms and 35,000 square feet of meeting space.
The building, owned by InnVest REIT, has been sold to an undisclosed buyer who is not expected to operate it as a hotel.
InnVest REIT’s agreement with Delta Hotels and Resorts, which has managed the property since 1999, will end on Oct. 31.
“We empathize with the employees who are affected by this decision, and we will support them through the transition period,” said David Bird, senior vice president of operations, in a release.
“They will be offered career counselling services, and we will also look to help with relocations where possible.”
The company has run another hotel in the city, the Delta Montreal on President Kennedy Avenue, since 1986. It is not affected by Wednesday’s announcement.
On July 1, the former Delta Chelsea hotel in Toronto — the largest hotel in Canada — was rebranded the Eaton Chelsea after the company that owns the building terminated its agreement with Delta.
Delta Hotels and Resorts, based in Toronto and owned by the British Columbia Investment Management Corporation, will open a 45-storey flagship hotel with 566 rooms in downtown Toronto next year. The company operates dozens of hotels across Canada.