Ground-breaking held for new hotel in Bolton

August 8, 2024 · 0 Comments

Mayor Annette Groves attended ceremony

By ZACHARY ROMAN

Local Journalism Initiative Reporter

There will soon be another hotel in Bolton.

On July 30, Mayor Annette Groves and members of Caledon Council attended a ground-breaking ceremony for a Fairfield Inn by Marriott in Bolton.

The hotel will be built by the BVD Group, which is investing $32 million in the hotel. The hotel will have 118 rooms and is anticipated to bring 50 permanent jobs to the Town of Caledon. It is also projected to bring 100 temporary jobs to Caledon during its construction.

Groves said she was proud to celebrate breaking ground on the hotel and shared remarks about Caledon’s tourism sector.

“Investments in Caledon’s growing tourism industry create jobs for residents and opportunities to welcome visitors to experience the scenic beauty and amenities that make Caledon unique,” said Groves.

Bikram Dhillon, BVD Group’s CEO, said his company is very excited to be bringing a hotel to a growing community like Caledon.

“We are committed to fostering a positive impact in the community and dedicated to being an integral part of Caledon’s future growth,” said Dhillon.

The Fairfield Inn by Marriott in Bolton is expected to open sometime in 2025.

An article written by Town of Caledon economic development staff on the ground-breaking ceremony noted that in 2023, hotel occupancy rates in Caledon increased due to a growing demand for multi-day travel in the Headwaters region.

“Caledon is renowned for its historic villages, beautiful trails, and conservation areas,” said staff. “As the Town prepares to welcome major events such as the RBC Canadian Open in 2025, this new hotel will create additional space to welcome visitors and guests to experience all that Caledon has to offer.”

The BVD Group is a company with a diverse portfolio and is involved in petroleum, hospitality, financing and real estate. Its CEO, Dhillon, is the single-largest donor to the William Osler Health System and he’s known to support many other charitable initiatives.

“His unwavering support for the Caledon Soccer Club and various sports initiatives over the past few years exemplifies his commitment to community enrichment and development,” said staff.