news-Delta Hotel

Algoma Central Corporation continues to sell off commercial property with the sale of a waterfront hotel here in the Sault.
The company announced today that it has sold the Delta Hotels by Marriot operations and related real estate for 7.5-million dollars.
It did not disclose the buyer.
The waterfront hotel consists of 195 rooms, over 12-thousand square feet of conference space and various other amenities.
The company announced last year that it was selling off its real estate holdings and directing the money to the renewal of its domestic dry-fleet and to new opportunities in international shipping.