InnVest Hotels Acquires Hotel Grand Pacific in Victoria, British Columbia
Strategic addition strengthens InnVest’s presence in key urban and resort markets
TORONTO, ON — April 1, 2026 — InnVest Hotels today announced the acquisition of the iconic Hotel Grand Pacific, a landmark property located in the heart of downtown Victoria, British Columbia. This premier waterfront hotel features 306 guestrooms and occupies a coveted position on Victoria’s Inner Harbour, offering guests unparalleled access to the city’s top attractions, business district, and cultural experiences.
The Hotel Grand Pacific enhances InnVest’s portfolio with its extensive amenities and strong reputation as one of Victoria’s leading hospitality destinations. The property boasts over 10,000 square feet of naturally lit meeting and event space, complemented by distinctive outdoor reception areas ideal for conferences, weddings, and social gatherings.
Guests and members alike benefit from a full-service, membership-based athletic club, complete with a lap pool and comprehensive fitness facilities, making it one of the most sought-after wellness offerings in the region.
Culinary experiences at the hotel are anchored by Fathom, widely recognized as one of Victoria’s premier dining destinations. The restaurant showcases regional ingredients in ways that allow guests to experience and connect with each season through both flavor and presentation .
“This acquisition represents an exciting milestone for InnVest as we continue to invest in high-quality assets in Canada’s most dynamic markets,” said Lydia Chen, President and CEO of InnVest Hotels. “The Hotel Grand Pacific is an exceptional property with a prime Inner Harbour location, strong community ties, and significant potential. We are thrilled to welcome this landmark hotel into our portfolio and look forward to building on its legacy while enhancing the guest experience.”
The addition of the Hotel Grand Pacific underscores InnVest’s commitment to strategic growth through the acquisition of well-located, high-performing properties with distinctive character and long-term value.
About InnVest Hotels
InnVest Hotels is one of Canada’s largest hotel owners and operators, with a diverse portfolio of properties across the country. The company is committed to delivering exceptional guest experiences while driving sustainable growth and value for its partners and stakeholders. https://innvesthotels.com/
Media Contact:
Jeff Hyslop
Executive Vice President, Asset Management & Investments
InnVest Hotels
(416) 607-2342
jeff.hyslop@innvesthotels.com