Massimo Capra falls for Niagara
From the Toronto Star:
Massimo Capra is not a gambling man, but he’s betting his reputation that this tourist town wants better food.
The flamboyant Toronto chef and television personality has lent his name, recipes, kitchen wizardry and mustachioed mug to the Crowne Plaza for Massimo Capra’s Rainbow Room Fallsview Restaurant.
“I want to be the first one to put a name on a good restaurant in Niagara Falls,” Capra told those gathered Friday night for a gala to celebrate the rebranded restaurant.
“You can only imagine how fantastic this can be.”
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DiCienzos buy two hotels
From the Niagara Falls Review:
Niagara’s DiCienzo family has picked up two of the best views of the Horseshoe Falls after buying the Marriott Fallsview and Sheraton Fallsview hotels last week.
“We’ve been looking for acquisitions for a little while. This move seemed to make sense,” said Dino A. DiCienzo, one of four children of patriarch Dino DiCienzo Sr., now involved in the family business.
He wouldn’t disclose how much his family paid to buy them from the family of Cosmo Menechella, another Falls family in the hotel business.
But tax rolls at city hall list the 32-storey Sheraton Fallsview’s assessment at $51.9 million and the 30-storey Marriott Fallsview’s at $66.3 million. Property assessments are supposed to reflect what a property could be sold for on the open market, though sale prices can deviate from assessed values.
The transaction means the DiCienzos have added the two Fallsview area hotels to their holdings on Falls Avenue — the Crowne Plaza and Sheraton on the Falls, as well as the Skyline Inn and Hampton Inn on Victoria Avenue.
Buffalo Business First also has an article called “Ownership change for 2 N.F., Ont. hotels” with information…
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$85 Niagara Falls Romance Package
Last Tuesday I received a newsletter from Canadian Niagara Hotels (the Falls Ave people):
To subscribe, visit the main page and enter your name and email address near the middle of the page.
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