Parq questionBritish Columbia Lottery Corporation (BCLC) is looking to potentially expand the gambling facilities found in the casinos within Parq Vancouver and Hastings Racecourse.
Soaring Vancouver hotel prices underpin need for new development
329 Guest Rooms at JW Marriott Parq Vancouver + 188 Guest Rooms at the DOUGLAS. The DOUGLAS, an Autograph Collection Hotel offers an additional 188 guest rooms with direct elevator access to JW Marriott Parq Vancouver meeting Space.
Question is, did they ever dispose of the 24% equity, what is the debt on the property at this stage?
BC has outlawed short term (air b and b) rentals.
The demand and room revenue will be increasing. Thanks for any input.