Students checking into residence in converted hotels

Developers are wooing university and college students with budget-priced residences featuring amenities such as swimming pools and fitness centres. It’s hardly an accident these new student residences look like hotels.

The most prominent company in the forefront of the trend to convert hotels into student residences is Campus Crest Communities Inc., an American REIT  making its first foray into Canada with the purchase of two Montreal hotels.

Read full story here.

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