Algoma Central Properties Inc. has sold the 195-key Delta Sault Ste. Marie Waterfront Hotel & Conference Centre to a private domestic buyer, acording to Colliers International Hotels who handled the deal.

The property, situated in the heart of downtown Sault Ste. Marie, is the only full-service hotel on the city’s waterfront, with an excellent mix of modern amenities including more than 12,000 square feet of meeting space, an indoor swimming pool, whirlpool and sauna, a restaurant/bar with an expansive outdoor patio, leased fitness centre and spa, and many more.

Algoma Central Corporation operates the largest Canadian flag fleet of dry and liquid bulk carriers on the Great Lakes – St. Lawrence Waterway, and the hotel sale was part of the company’s new strategic objective to dispose of its real estate holdings.