Richmond | International Trade Centre | U/C

[whatnext]

Originally Posted by officedweller

No longer an Opus Hotel...now Versante Hotel

Maybe they should have stuck with Opus rather than the faux Italian pseudo-luxury sounding name.


Court ordered sale of luxury Richmond hotel asks nearly $1M per room
Megan Devlin|
Apr 17 2024

A boutique Richmond hotel that opened three years ago has been listed for sale at the order of a BC court with an asking price of $98 million.

Real estate firm Avison Young has listed the 8499 Bridgeport Road property, publishing a brochure this month featuring pictures of the eclectic bedrooms, chic bathrooms, and outdoor pool area.

“Rare opportunity to acquire a well-appointed, luxury boutique hotel just minutes from Vancouver International Airport,” Avison Young says in the listing.

Court documents reveal that Fox Island Development Ltd. and Advanced Venture Holding Co. Ltd. petitioned the BC Supreme Court in January to declare the mortgage on the Versante Hotel and several other properties in default.

The court documents identify Sunwins Enterprise Ltd. and Mo Yeung (Michael) Ching as operators of the hotel.

Fox Island and Advanced Venture Holding told the court they were owed nearly $79 million in connection with a loan for the hotel....

https://dailyhive.com/vancouver/versante-hotel-for-sale

[whatnext]

Also, looks like the hotel restaurant went tits-up earlier this week;

Richmond's Versante Hotel suddenly announced the closure of one of its restaurants this week.

Acre Through the Seasons, a high-end, farm-to-table restaurant, will serve its last dishes on Saturday, April 13.

An Instagram post on Wednesday afternoon cited "economic conditions" for the restaurant's closure, but it has since been edited.

"We want to express our deepest gratitude to our loyal customers and diners who have supported us since opening," said Acre in the post.

"We also have exciting news on the development of the space and look forward to sharing soon."

The restaurant opened in April 2023 and was rebranded from its predecessor Oo La Cha, which opened in 2022 inside the hotel...

https://www.richmond-news.com/food-a...-years-8589428

[Vin]

Originally Posted by whatnext

Also, looks like the hotel restaurant went tits-up earlier this week;

Richmond's Versante Hotel suddenly announced the closure of one of its restaurants this week.

Acre Through the Seasons, a high-end, farm-to-table restaurant, will serve its last dishes on Saturday, April 13.

An Instagram post on Wednesday afternoon cited "economic conditions" for the restaurant's closure, but it has since been edited.

"We want to express our deepest gratitude to our loyal customers and diners who have supported us since opening," said Acre in the post.

"We also have exciting news on the development of the space and look forward to sharing soon."

The restaurant opened in April 2023 and was rebranded from its predecessor Oo La Cha, which opened in 2022 inside the hotel...

https://www.richmond-news.com/food-a...-years-8589428

There are a few restaurants and lounges there. The best one, IMO, is Bruno, a really nice restaurant and whiskey bar. Certainly Richmond's hidden gem. Those in the know really love the place as the lead chef used to be a chef at the Fairmont Pacific Rim.