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In 1961, the newly founded company Four Seasons Hotels opened its first hotel, The Four Seasons Motor Hotel, on Jarvis Street in Toronto.. In May 1963, [1] the company opened The Inn on the Park on former farmland in North York for $4 million, [2] This was the company's first hotel outside of downtown Toronto, and was more upscale than the company's earlier properties. [3]
The Four Seasons Hotel and Residences Toronto is a complex consisting of a 204-metre, [5] 55-storey residential condominium tower and a 125-meter, 30-storey luxury hotel tower in the Yorkville district of Toronto, Ontario, [6] Canada, which opened on October 5, 2012.
In 1999 Hyatt purchased the hotel for $107 million, [6] calculated to be the highest cost per room ever paid in Canada, [7] and renamed it Park Hyatt Toronto. In 2014, Hyatt sold the hotel to Toronto-based Oxford Properties, for $90 million USD, [8] with an encumbrance that the hotel remain operated as a Hyatt for at least 40 years. [9]
The park is managed by Toronto Parks, on land that is the property of the Toronto and Region Conservation Authority. It was formerly known as Guildwood Park. It became a park after the Guild Inn and its property was bought by Metropolitan Toronto and the Government of Ontario in 1978 from Rosa Hewetson Clark and Spencer Clark. The Inn continued ...
The first Hyatt Regency Toronto opened in 1972 at 21 Avenue Road in Yorkville. In 1978, the hotel was bought by Isadore Sharp and renamed the Four Seasons Hotel Toronto . In 1999, Hyatt purchased the Park Plaza Hotel for $107 million and it now operates under their top-tier Park Hyatt brand.
The Guild Inn, or simply The Guild was a historic hotel in the Guildwood neighbourhood of Scarborough, Toronto, Ontario and was once an artists colony.The surrounding Guild Park and Gardens is notable for a sculpture garden consisting of the rescued facades and ruins of various demolished downtown Toronto buildings such as bank buildings, the old Toronto Star building and the Granite Club.
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