While in some ways this is a natural progression for Skyline, our new role here also speaks to how we are expanding as a hotel and resort collection and our company’s expertise in real estate and historic assets.
Toronto, ON (PRWEB) July 27, 2012
Skyline Hotels & Resorts, the hospitality division of Skyline International Development, assumed management of Toronto’s iconic King Edward Hotel this week, building on their existing role as asset manager of the 109-year-old luxury property on behalf of King Edward Realty Inc.
Under Skyline Hotels & Resorts’ management, The King Edward Hotel has already welcomed a new general manager, Jeff Waters, launched a revamped website, and furthered the hotel’s social media presence with refreshed Facebook and Twitter pages, The King Edward Hotel and @KingEddyHotel.
“We have been closely engaged with The King Edward Hotel and its operations team since it was purchased in March of 2010,” said Kevin Toth, President & COO of Skyline Hotels & Resorts. “While in some ways this is a natural progression for Skyline, our new role here also speaks to how we are expanding as a hotel and resort collection and our company’s expertise in real estate and historic assets.”
With Skyline’s involvement, the third, fourth and fifth floors of the building, which had been closed for two decades, are already being transformed into 145 stylish new private residences slated for completion in early 2013.
The revitalization of The King Edward Hotel with a mixed use condo-hotel model was the brainchild of Skyline International Development Founder and President Gil Blutrich, who saw incredible untapped potential in one of North America’s first urban “palace” hotels.
“There was this unusual situation of a renowned, heritage-listed hotel that is consistently recognized for outstanding service but beyond that about thirty per cent of the structure’s useable space was actually shut away, empty,” said Blutrich.
“By developing the King Edward Private Residences within the existing footprint and encouraging people to buy into a unique piece of Toronto history at great value, two years later we are already in a position to return even more of this hotel’s forgotten grandeur.”
The next step in the 298-room King Edward Hotel’s overall refurbishment plan is the renovation of all accommodations and public spaces including the re-opening of the penthouse level Crystal Ballroom, abandoned since the 1950s.
“For Skyline, The King Edward Hotel is about so much more than offering people an elegant place to stay or meet. This is the next chapter in the story of a one-of-kind place that’s always been special in Toronto. We are polishing a hotel gem and inviting everyone in to celebrate their own milestones,” said Blutrich.
About The King Edward Hotel
Built in 1903 by Toronto’s then-richest man, George Gooderham, today’s The King Edward Hotel offers 298 guest rooms, 21,000 sq. ft. of refined meeting space and the Royal Club Lounge for premium services with select guest rooms. The hotel’s guest register reads like a who’s who of politics, royalty, music, writing, business and sport, ranging from one-time resident Ernest Hemingway and headline couples like Elizabeth Taylor and Richard Burton, to the Beatles, Britney Spears and David Beckham. Signature King Edward Hotel experiences include one of Toronto’s most lavish Sunday brunches, afternoon tea service and getaway package partnerships with many of the city’s leading cultural destinations. For information and reservations visit http://www.thekingedwardhotel.com
About Skyline Hotels & Resorts:
Skyline Hotels & Resorts is a distinctive collection of retreats focused on providing true lifestyle enhancing experiences to leisure and business guests, as well as local residents. Offerings include top-level golf and ski, its own Shizen Spa brand and a complete range of year-round activities including adventure parks and corporate team-building. Skyline destinations include the Cosmopolitan Hotel and Pantages Hotel in downtown Toronto, Barrie’s Horseshoe Resort and Deerhurst Resort in Muskoka. In July 2012, Skyline Hotels & Resorts added Toronto’s historic King Edward Hotel to its collection. Skyline Hotels & Resorts is owned and operated by Skyline International Developments Inc., a real estate and development company that also includes unique communities like Port McNicoll. Visit http://www.skylinehotelsandresorts.com.