Press Release: Delta Hotels and Resorts
September 15, 2000
SUN PEAKS, BC -- Delta Hotels and Sun Peaks Resort Corporation yesterday announced plans for the design and construction
of Delta Sun Peaks Resort, a first-class, 230-room hotel and conference centre to open in time for the Christmas
2001/2002 ski season. The estimated cost of the project is $40 million.
``We are delighted to be working with Sun Peaks Resort Corporation on this project,'' commented John Johnston,
President, Delta Hotels. ``Delta is known for the diversity of its city-centre, resort and airport hotels located
in major Canadian business centres and prime, year-round resort destinations. This new resort in Sun Peaks further
strengthens our growing resort portfolio.'' Delta also features resorts located in Whistler, B.C., Kananaskis,
Alberta and Haliburton, Ontario.
Located just 50-km or 30-miles northeast of Kamloops, Sun Peaks Resort is a year-round mountain resort destination
featuring spectacular skiing, snow- boarding, mountain biking, hiking and golf in the heart of British Columbia's
interior. Inspired by the beauty and spirit of its location, the construction and style of Delta Sun Peaks Resort
will reflect the unique colourful charm of a European mountain village. With 230 rooms, Delta Sun Peaks Resort
will be the largest full-service hotel available at Sun Peaks. The hotel will be located at the base of the mountain
just steps from the Village Centre, featuring a 150-seat restaurant, an 80-seat lounge, over 12,000 square feet
of meeting space with a 5,600-square foot ballroom, a full-service Health Club facility with pool, spa and fitness
centre, underground parking and retail shops.
``The development of Delta Sun Peaks Resort will be a strong draw for travellers already familiar with the Delta
brand. With its continued growth and natural appeal, Sun Peaks Resort is fast becoming a world-class, four- season
vacation destination to rival the most popular vacation resorts,'' suggested Masayoshi Ohkubo, President and owner
of Sun Peaks Resort Corporation. ``In addition to the increased tourism draw, this investment will create close
to 500 direct and indirect jobs and will encourage further development in the Sun Peaks Resort area.''
In partnership with Sun Peaks Resort Corporation, Delta Hotels will invest a percentage of the equity capital as
well as assume complete management of the hotel operations upon completion. Sun Peaks Resort, formerly Tod Mountain,
was first established in 1961. It was purchased by Nippon Cable in 1992 and renamed as part of an extensive resort
development plan. Sun Peaks Resort is the only resort in B.C.'s interior that will eventually combine five skiable
mountains, a full-facility resort village, 21st Century resort technology and a varied list of four-season recreational,
educational and entertainment facilities. Sun Peaks Resort Corporation is owned by Nippon Cable Co., Ltd., one
of two major shareholders in Blackcomb Mountain and one of the world's largest manufacturers of mountain lift technology.
Delta Hotels is the largest first-class hotel company in Canada, operating over 30 hotels from Vancouver, B.C.
to St. Johns, Newfoundland. Delta's diverse portfolio of city-centre, airport and resort properties cater to business
and leisure travellers. Headquartered in Toronto, Delta Hotels is wholly-owned subsidiary of Canadian Pacific Hotels
& Resorts Inc.
SOURCE: Delta Hotels and Resorts