Pomeroy Inn & Suites at Olds College should be welcoming guests by early summer.
Ryan Pomeroy, president of the Grande Prairie-based developer Pomeroy Group, confirmed on Tuesday that the multimillion-dollar hotel and conference centre on Olds College lands will open its doors on July 5.
“It’s gone great,” he said.
“The project is on schedule and on budget.”
That budget — $16 million — includes the 83-suite hotel and a 6,000-square-foot conference centre that can be partitioned into three rooms, as well as a restaurant and lounge with seating for 150 to 200 people, a swimming pool and water slide, a fitness centre, a breakfast room and two boardrooms.
Pomeroy anticipates that staff will number between 75 and 100.
A unique aspect of Pomeroy Inn & Suites is that it will serve as a training area for the college’s new Canadian Institution for Rural Entrepreneurship (CIRE).
That program will focus on themes like local food production, rural hospitality management, farm food sales and tourism, with the work of students integrated into the operation of the hotel and conference centre.
Olds College will also receive lease payments from Pomeroy Inn & Suite for its use of five acres of campus land south of Hwy 27, and a share of the operating income from the business.