Marriott Hotel at Montréal-Trudeau
Following its request for proposals, Aéroports de Montréal chose the Société en commandite Adamax Immobilier to fully finance, design, build, operate and maintain the a high-end, 275-room hotel that will be erected near the transborder jetty.
The full-service hotel – featuring a pool, gymnasium, business centre, restaurants and conference rooms – will operate under the Marriott banner. The prestigious chain has a grand total of 2,700 hotels worldwide, 600 of them corporate establishments. The Montréal–Trudeau hotel is scheduled to open in spring 2009.
Adamax is a consortium comprising Groupe Axor, Marriott International and Fonds de solidarité FTQ. Adamax’s proposal was chosen because it best meets ADM’s business objectives, particularly in terms of value-added service for passengers and its international stature. In addition, the architectural design proposed for the hotel blends in well with the style of the new airport infrastructures.
ADM has also entrusted Adamax with the task of building certain structures to be integrated within the hotel, including the exterior of the future transborder departures hall, which will occupy the first two levels of the building, and the exterior of the future Montréal–Trudeau railway station, to be located beneath the hotel. Adamax will also finance, build and lease to ADM an additional floor-and-a-half to accommodate the airport authority’s head office, currently situated in downtown Montréal.
The entire real estate complex represents an investment of $120 million, about $60 million of which will be assumed by the consortium for construction of the hotel and ADM’s head office. For its part, ADM will invest $60 million to build the structures required for the transborder departures area and the railway station.