February 01, 2016 - 6:30 PM
KAMLOOPS - A local hotel developer is moving forward on a new project near Cascades Casino in Kamloops.
Kulwant Sangha has built five hotels from the ground up in the region, and is looking to put a sixth at 1529 Hugh Allen Dr. He’s planning on a five-storey building filled with one bedroom suites.
“With the casino there people might stay longer,” Sangha says. “The market is always good if you have a good product.”
Steve Earl, president of the Kamloops Chambers of Commerce and general manager of the Fairfield Inn & Suits, says there’s lots of room inventory in Kamloops, but there’s also opportunity.
“It’s a vibrant and competitive sector with good growth over recent years,” Earl says. “Owners will only invest and build if they think it it will be successful.”
Plans are in early stages right now as the project is waiting for a development variance permit to allow for a five-storey building. Sangha points out the Marriott Hotel nearby was permitted to build to five stories and expects his project will as well.
“It’s just a process, not a problem to go through,” he says.
The development is still in it’s early stages of planning as Sangha is waiting on the permit. Once passed he believes ground could be broken as early as this fall.
This isn’t Sangha’s first hotel in Kamloops as he was behind the Alpine Motel, Canada’s Best Value Inn and Days Inn, though he doesn’t own any in the city now. He also built and owns hotels in Williams Lake and 100 Mile House and owns another in Kelowna.
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News from © InfoTel News Ltd, 2016