Wednesday, August 29, 2018
Cedar Fair Entertainment Company FUN, +1.01% a famous name in regional amusement parks, water parks and immersive entertainment, has recently signed a pair of hotel services contracts along with a Hyatt affiliate for a dual-branded Hyatt Place and Hyatt House hotel on the site of its Canada’s Wonderland amusement park close to Toronto in Vaughan, Ontario. The dual-branded hotel will have around 203 rooms – both spacious guestrooms and apartment-style suites – in a high-tech modern environment.
Construction is anticipated to start in the first half of next year, with an opening date planned for late 2020.
To quote Cedar Fair, the president and CEO Richard Zimmerman, “The new dual-branded Hyatt Place and Hyatt House hotel will continue Cedar Fair’s significant investment in Canada’s Wonderland, one of the portfolio’s largest and most successful parks. We expect strong attendance growth there, driven by the introduction of a new record-breaking roller coaster, Yukon Striker, and addition of an immersive holiday event, WinterFest, both launching in 2019. This development will mark the next evolution in the park’s diverse offerings, providing park guests, business travelers and tourists with convenient accommodations in a growing area. The Hyatt Place and Hyatt House are respected brands worldwide and we look forward to working with the Hyatt team to ensure exceptional guest satisfaction.”
Tags: Cedar Fair, Toronto, Wonderland
