'The casino should be going for even bigger,' he said.

The hotel will be a new addition to its real estate portfolio, joining Hilton Lac-Leamy and Fairmount Le Manoir Richelieu.Ĭoncordia University economics professor Moshe Lander said Loto-Quebec should have doubled down. Adding a hotel on the casino grounds will enhance its attractiveness and further increase Montreal's visibility on the world stage,' said Quebec Tourism Minister Caroline Proulx. 'The Casino de Montréal is a major tourist attract on that welcomes several million visitors annually. It said it will soon launch calls for tenders to begin the hotel design process. 'With the traffic we have here at the Casino of Montreal, to fill 200 rooms is really not an issue, but to be safe and sure, we did a business plan with 75 per cent occupancy rate,' said Bergeron. The hotel is expected to be a 'low-height building' that will 'blend in with its surroundings while preserving the natural beauty of the landscape,' the news release states. The $150-million investment is expected to open 'within two or three years,' according to a news release issued Monday. I think we’ve been waiting too long to be honest,' said Loto-Quebec CEO Jean-François Bergeron. All players are on board and the timing is good for us. Loto-Quebec announced Monday that a 200-room hotel is set to be built on the grounds of the Casino de Montreal at Parc Jean-Drapeau.

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