While the site for a prospective hotel has yet to be determined, the property at 630 Riverside Avenue, where the foundation of a formerly proposed condo development sits, is acknowledged in a hotel marketing study completed for the district. Lachlan Labere/Eagle Valley News

District on the hunt for a new hotel

Study indiciates Sicamous can support 100-room building with conference centre

Sicamous is prime for a new hotel, and the district is now on the hunt for a hotelier to make it happen.

Specifically, council is interested in an accommodation operation with about 100 bedrooms, ideally a conference centre and more, all to be located on the waterfront.

Backing this wish list is a market study recently completed for the District of Sicamous by HVS Consulting & Valuation out of Vancouver.

Mayor Terry Rysz explained the $15,000, 110-page study is basically a tool for council to show prospective hoteliers that a hotel can be successful in Sicamous.

“We did that so we could utilize the hotel study as a tool, so that any hotelier that would like to look at Sicamous has this tool to finance their building of a hotel,” said Rysz. “It also gives us an indication as to whether or not it’s viable here… This study hopefully gives incentive to a hotelier that will give us what we like to see, and that is a hotel with a conference room and so forth.”

In the study, HVS draws from a wide range of economic, social and political factors – local, regional and national, including hotel accommodation within the region, in making the determination that Sicamous and the region is experiencing a period of moderate growth and the outlook for the area is positive.

Town manager Evan Parliament stressed the study (second draft) doesn’t speak to any particular site for a hotel.

“No specific property was targetted,” said Parliament. “So the recommendation is if you’re going to secure a hotel, ideally it should be on the water. And we’re going to work on several sites. It’s not targetted to one particular site. That’s the substantial change in the report.”

However, a zoning map included with the document shows a circle around the property at 630 Riverside Ave., the site of Three Buoys’ former condominium project. That property is currently on the market for $4.9 million.

As to what to do with the study, Parliament explained council has a number of options.

“You can just do a proposal call, an open proposal call, invite any proponent to come forward and share the results of this study with them,” offered Parliament. “What this study is, it’s a qualified appraisal, and that qualified appraisal is supported by any lending institution that wants to provide 60 to 75 per cent of the capital.

“A second option is you can do an invitation only. You can choose a particular hotel or hotels to come forward that have similar operations in similar-sized communities. Or number three, you can just go out and find one.”

The district plans to do just that. Parliament said HVS has asked the district to attend a Nov. 21 hoteliers conference.

“We’re going to be meeting all kinds of hoteliers, so we can have this discussion with any particular hotel…,” said Parliament, suggesting the district get the word out ahead of the conference so prospective hoteliers know what Sicamous has to offer. “It would make sense to do an open call and just get the word out there and by attending this conference, the industry will know about us…, the industry will be talking amongst themselves. We’ll start receiving phone calls, I guarantee it.”

Looking long-term, Rysz said bringing the right hotelier to Sicamous will mean employment opportunities for the community, as well new opportunities to host events.

“There’s two elements to this thing,” said Rysz. “First off, it’s going to create a lot of jobs to build a hotel. And second of all, once the hotel is built, there’s going to be lots of opportunity for employees to be working in the hotel, whether it’s in their kitchens or maintenance or whatever else. It’s for job creation… so now that we’ve adopted the hotel study, we can give it to whoever and say the study has been done, it’s viable here and this is what the study has given us.”


@SalmonArm
lachlan@saobserver.net

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A 20-year-old man was pronounced dead following a three vehicle collision on Highway 1 west of Revelstoke Tuesday, Oct. 20, 2020. (File photo)
One dead after Highway 1 crash near Revelstoke

20-year-old man pronounced dead at the scene of a three vehicle collision west of Revelstoke

COVID-19 test tube. (Contributed)
test tube with the blood test is on the table next to the documents. Positive test for coronavirus covid-19. The concept of fighting a dangerous Chinese disease.
Interior Health launches online booking for COVID-19 tests

Testing is available to anyone with cold, influenza or COVID-19-like symptoms

Blotter bug
Updated: Highway 1 open near Revelstoke after morning crash

DriveBC says to watch for traffic congestion

FILE – People wait in line at a COVID-19 testing facility in Burnaby, B.C., on Thursday, August 13, 2020. THE CANADIAN PRESS/Darryl Dyck
167 new COVID-19 cases, 1 death recorded as B.C. enters 2nd wave

Three new healthcare outbreaks also announced

Steven Stuart Gardner has been charged with possession of a firearm contrary to an order and possession of a firearm without a licence. He has also been charged, under the Motor Vehicle Act, with driving while prohibited. (Crime Stoppers photo)
Car connected to shooting, dumped in Chase leads to unrelated arrest

Investigation of Kamloops shooting leads police to a rural Chase property

Volunteer registered nurse Stephanie Hamilton recieves a swab from a driver as she works at a Covid-19 testing site in the parking lot at Everett Memorial Stadium on Tuesday, Oct. 20, 2020 in Everett, Washington. (Andy Bronson / The Herald)
13 more COVID-19 cases in Interior Health region

There are 624 cases in the region since the start of the pandemic

The body of Natsumi Kogawa, 30, was found in the Gabriola Mansion on Davie Street, Vancouver, in September 2016. Vernon man William Schneider, who was found guilty of second-degree murder, now awaits the decision of his appeal hearing Monday, Oct. 19, 2020. (Vancouver Police Department photo)
No decision yet for Vernon man appealing murder sentence

William Victor Schneider was convicted in relation to Natsumi Kogawa’s death in 2016

Vernon once again boasts the lowest gas prices in B.C. Oct. 20, 2020. (Jennifer Smith - Morning Star)
North Okanagan boasts lowest gas prices in B.C.

Gas going up, and down, in Vernon specifically

This 2020 electron microscope image made available by the National Institute of Allergy and Infectious Diseases shows a Novel Coronavirus SARS-CoV-2 particle isolated from a patient, in a laboratory in Fort Detrick, Md. THE CANADIAN PRESS/AP-NIAID/NIH via AP
At least 49 cases of COVID-19 linked to wedding in Calgary: Alberta Health

McMillan says the city of Calgary has recently seen several outbreaks linked to social gatherings

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

École de L’Anse-au-sable. (Google Maps)
COVID-19 confirmed at Kelowna Francophone school

École de L’Anse-au-sable is not affiliated with local SD23

Vernon North Okanagan RCMP received footage of a suspect vehicle littering hate flyers around 21st Avenue in Vernon Oct. 17, 2020. (RCMP)
WATCH: Footage offers lead in hate-fuelled flyer probe: Vernon Mounties

Vernon police received footage of an older model green truck distributing flyers in the early morning hours Saturday

Most Read