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Renovations the focus of hotels

With the hospitality market hit during the COVID-19 pandemic, hotels have not risen of late in Kamloops - but that's starting to change
Prestige Hotel exterior HORIZ
The former Comfort Inn and Suites in Aberdeen has undergone a transformation under new ownership and is now known as the Prestige Hotel Kamloops

With the hospitality market hit during the COVID-19 pandemic, hotels have not risen of late in Kamloops. The Comfort Inn and Suites at 1810 Rogers Pl. in Aberdeen was purchased in the past year, renovated and converted into the Prestige Hotel Kamloops. However, no new hotels have been built lately. Plans for building at the Coast Kamloops Hotel and Conference Centre were scrapped by Ron Mundi in lieu of a multi-family development in its place.

In recent memory, the Delta Marriott downtown received a significant renovation and the Hue boutique hotel was constructed in Aberdeen near Costco.

Tasker noted two properties taken out of the hotel/motel inventory. The 40-room Fortune Motel in North Kamloops and 31-unit Lamplighter in Valleyview were purchased or leased by BC Housing.

The city is looking at tax breaks to encourage redevelopment of hotels and motels in Kamloops.

“I think it’s a good thing,” she said. “I think that there needs to be some revitalization definitely in those two corridors, Columbia and Valleyview, that they’re targeting. We did go back as an association to the city, to the councillors and say if you’re going to allow someone to come in and knock down a hotel and rebuild it as multi-family housing, give us the same opportunity please to knock it down and build a brand new hotel.”

Tasker said she expects to see property owners take advantage of the new revitalization tax exemption.