Château Montebello resort bought by Chinese real estate group
The Fairmont Le Château Montebello resort complex in west Quebec has been purchased by Evergrande, a major Chinese real estate group making its first investment in Canada.
Operations will continue as usual for hotel's 350 employees, hotel director says
The Fairmont Le Château Montebello resort complex in west Quebec has been purchased by Evergrande, a major Chinese real estate group making its first investment in Canada.
The director of the hotel confirmed the sale Thursday and said operations will continue as usual for the hotel's 350 employees.
The announcement was made Wednesday and hotel management met Thursday with employees to answer questions.
The financial terms of the sale were not disclosed.
Comments
To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.
By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.