The Inn of Waterloo announces it will be closing its doors
Posted Dec 5, 2023 06:32:28 AM.
Last Updated Dec 5, 2023 02:41:55 PM.
An iconic landmark in Waterloo Region has announced it will close its doors.
The Inn of Waterloo said it will shut down operations Sunday, December 10th following challenges from a fire in February 2021 and housing displaced people during the pandemic. In particular, they say rising insurance costs have been a burden on their business.
The Inn said the fire destroyed half their guestroom inventory, the restaurant, and a majority of their conference space. This resulted in one million dollars in damage and displaced their long time tenant Hopespring Cancer Support Centre.
“In light of these challenges, we want to express our heartfelt gratitude to our dedicated suppliers who have been instrumental in our journey,” said Sharon Hales, the owner of the Inn of Waterloo, in a press release.
“Your unwavering support, reliability, and commitment to excellence have played a crucial role in our ability to provide quality service to our patrons. We extend our sincere thanks for your partnership and for being an integral part of The Inn of Waterloo’s success.”
The hotel was first opened in 1972 and has formerly been known as the Waterloo Motor Inn and the Waterloo Inn. It has played host to prime ministers, dignitaries and locals around Waterloo Region.
It underwent a transformation in 2015 when it was bought by a developer. It reopened in June 2016 and was renamed the Inn of Waterloo.
The venue said anyone with gift cards are encouraged to redeem them as soon as possible.