Real Estate News

Canadian firm opens Wellington hotel for railroad crews

A Canadian real estate investment trust said it has opened a Wellington hotel serving railroad crews.

American Hotel Income Properties REIT LP said in a news release that it has opened Oak Tree Inn, a 110-room hotel at 1177 E. 16th.

The Vancouver-based company said the $4.7 million hotel is its 38th hotel in the U.S. to serve railroad crews.

It said in the release that it has a 10-year railway contract for the hotel that was “purpose built for a national U.S. railway client.”

BNSF Railway has a large rail yard in Wellington.

“Wellington is a strategic location for AHIP as it extends our 20-year relationship with a key railway client for another decade,” Rob O'Neill, AHIP chief executive, said in the release.

The company said in the release that the hotel also provides lodging for non-rail customers.

This story was originally published March 6, 2015 at 10:57 AM with the headline "Canadian firm opens Wellington hotel for railroad crews."

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