Empress Hotel owner celebrates $60M renovationJuly 3, 2017 2:47 pm
VICTORIA — When Nat Bosa paid $48 million for the Fairmont Empress Hotel three years ago, he figured renos would come in at $30 million — or a little more.
Not so. The tab to completely refresh the 109-year-old property was slightly more than $60 million.
But it was worth it to Bosa.
“I did not buy a hotel,” Bosa said this week as he prepared for an official ribbon-cutting celebration and party attended by more than 400 on Wednesday.
“I bought a national treasure and it belongs to everybody. This was an absolute incredible opportunity to have to been able to restore this grand old lady to close to its former glory.”
Categorized in: The Vancouver Sun