ABOUT US

VISTA HOSPITALITY

Experts in Property Turnaround

The Vista Group of Companies specializes in property turn around. Vista has achieved staggering turn arounds and profits of 300% to 500% within short periods of time. The immediacy of results and sustained high levels of performance and profitability have earned Vista numerous accolades from its business partners, lending institutions, corporate and private investors, as well as other sources of funding.

We invite you to join us in our success as we continue to set the standards of excellence for the 21st Century.

Why Choose Vista

Make the right choice and join Vista to grow together if you belong to any of the following categories of clients:

  • Groups of partnerships who are in financial difficulty because of assets that are in need of immediate turnaround assistance
  • Lenders and financial institutions forced to repossess assets and who have no knowledge of operations
  • Companies seeking additional capital on a joint venture basis

A TIMELINE OF EXCELLENCE

Our History

During the recession of the early 1990s, our co-founders joined their individual areas of expertise in accounting, law and hospitality to transform a foreclosed asset in Upstate New York. It quickly became evident that their combined knowledge and skillset would establish Vista as an industry leader. Since then, Vista has carved a remarkable success story in both the United States and Canada.

1991

Vista Hospitality Group was Founded

Vista Hospitality Group was founded in 1991 to launch an enterprise dealing in real estate, leveraging the founders’ experience in accounting and law

1992

Multiple Acquisitions in New York, Florida, Ontario

Acquisitions:

  • Holiday Inn, Cortland, NY | 1992 | Renovations
  • Holiday Inn, Vestal, NY | 1993 | Repositioning
  • Holiday Inn Arena, Binghamton, NY | 1993 | Renovations
  • Valhalla Inn, Kitchener, ON, Canada | 1994 | Renovations and Conversion to 1st Four Points Sheraton in Canada
  • Holiday Inn, Titusville, FL | 1996
  • Quality Inn & Suites, Toronto, ON, Canada | 1996
1997

Additional Acquisitions, Dispositions and Partnership with The Griffin Corporation

Acquisitions:

  • 1st Office Building in Kitchener, ON, Canada | 1997
  • Mactaquac Inn, Fredericton, NB, Canada | 1997
  • Delta Beausejour, Moncton, NB, Canada | 1997
  • Holiday Inn, Windsor, ON, Canada | 1998
  • Holiday Inn, Quebec City, QC, Canada | 1998
  • Howard Johnson, Kissimmee, FL | 1998
  • Quality Inn & Suites, Niagara Falls, NY | 2000
  • Osler Medical Center, Hamilton, ON, Canada | 2000
  • Sudbury City Center, Sudbury, ON, Canada | 2001 | 1m SF complex comprising hotel, mall and office complex
  • Flamingo Hilton, Reno, NV | 2001

Dispositions:

  • Four Points Sheraton, Kitchener, ON, Canada | 1998
  • Mactaquac Inn, Fredericton, NB, Canada | 1998
  • Quality Inn & Suites, Toronto, ON, Canada | 1998
  • Howard Johnson, Kissimmee, FL | 2001

Apart from acquisitions and dispositions, Vista started working with a public company, The Griffin Corporation, whereby they vended in one of their office buildings as an asset to buy shares in 1999 and began working with Vista in 2001 to source opportunities.

2002

Renovations and Rebranding of Various Properties; Receipt of Gaming License in Nevada

Acquisitions:

  • Office Building in Timmins, ON, Canada | 2002 | In Partnership with The Griffin Corporation
  • Retail Plaza in London, ON, Canada | 2003
  • Hotel in Saguenay, Quebec City, QC, Canada | 2005 | Renovations and Conversion to Delta
  • Lombard Manor Retirement Home, Lombardy, ON, Canada | 2006

Dispositions:

  • Holiday Inn, Quebec City, QC, Canada | 2003
  • Quality Inn & Suites, Niagara Falls, NY | 2004
  • Holiday Inn, Cortland, NY | 2004
  • Flamingo Hilton, Reno, NV | 2006 | Rebranded to the Golden Phoenix Hotel & Casino

In 2002, Vista principals proceed with the gaming license in Nevada, working with the Gaming Control Board and Gaming Control Commission to receive a gaming license.

2007

Numerous Acquisitions in the USA and Canada; Takes The Griffin Corporation Private with All Assets & Shares

Acquisitions:

  • Country Haven Retirement Home, Beachburg, ON, Canada | 2007
  • Radisson Hotel JFK Airport, Jamaica, NY | 2008
  • Holiday Inn Sunspree Resort, Lake Buena Vista, FL | 2008
  • Championsgate Office Building, Championsgate, FL | 2010
  • Crowne Plaza Downtown Orlando, Orlando, FL | 2010
  • Holiday Inn Plantation, FL | 2011

Dispositions:

  • Delta Beausejour, Moncton, NB, Canada | 2007
  • Holiday Inn, Titusville, FL | 2010

Prior to the market crash in 2008, Vista takes The Griffin Corporation private with all of its assets and acquires all the shares.

 

 

2012

Acquisition & Disposition of Hotels, Office Buildings, Medical Center and Retail Properties

Acquisitions:

  • Marina Inn at Grande Dunes, Myrtle Beach, SC | 2012
  • Delta Hotel, Kitchener, ON, Canada | 2013 | Rebranded to Crowne Plaza
  • Premier Point North & South, Altamonte Springs, FL | 2013
  • Office Building in Kitchener, ON, Canada | 2013
  • Courtyard Fort Lauderdale, Coral Springs, FL | 2015
  • Courtyard Marriott, Myrtle Beach, SC | 2015
  • Condos at Crowne Plaza Orlando, Orlando, FL | 2016 | Conversion of Building Back into Hotel as Opposed to Condo-Hotel

Dispositions:

  • Holiday Inn Sunspree Resort, Lake Buena Vista, FL | 2014
  • Holiday Inn Plantation, FL | 2014
  • Osler Medical Center, Hamilton, ON, Canada | 2014
  • Retail Plaza in London, ON, Canada | 2015
  • Lombard Manor Retirement Home, Lombardy, ON, Canada | 2016
  • Holiday Inn, Windsor, ON, Canada | 2016
  • Championsgate Office Building, Championsgate, FL | 2016
2017

Continuation of Acquisitions & Dispositions Amidst COVID-19 Pandemic

Acquisitions:

  • DoubleTree Hilton Deerfield Beach, Boca Raton, FL | 2018
  • Sheraton BWI Airport, Baltimore, MD | 2018

Dispositions:

  • Office Building in Timmins, ON, Canada | 2017
  • Delta Saguenay, Quebec City, QC, Canada | 2017
  • Courtyard Fort Lauderdale, Coral Springs, FL | 2017
  • Courtyard Marriott, Myrtle Beach, SC | 2018
  • Quality Inn & Suites, Vestal, NY | 2019
  • Premier Point North & South, Altamonte Springs, FL | 2019
  • Radisson Hotel, Sudbury, ON, Canada | 2020