FOR IMMEDIATE RELEASE
DAWSON CITY, YUKON – JANUARY 16, 2024 – Tr’ondëk Hwëch’in Trust and Northern Vision Development (“NVD”), owners of Downtown Dawson Limited Partnership (“DDLP”), are pleased to announce the expansion of their partnership with Coast Hotels with the branding of Eldorado, a Coast Hotel and Midnight Sun, a Coast Hotel in Dawson City.
DDLP, owners of The Downtown, a Coast Hotel, is growing their partnership with Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. This partnership increases Coast’s presence in Dawson City to three Klondike gold rush era inspired hotels, serving all segments of the tourism market.
Previously known as the Eldorado Hotel, Eldorado, a Coast Hotel was acquired by DDLP on January 2, 2024. The 40-room hotel offers a blend of affordable comfort and historic charm, with spacious suites and the on-site Bonanza Dining Room and Sluice Box Lounge. Tr’ondëk Hwëch’in Trust and NVD are committed to continuing the Eldorado’s legacy of local ownership, investment in the community, and extending a welcoming experience to guests that reflects the spirit of Dawson City.
Previously known as Midnight Sun Hotel, Midnight Sun, a Coast Hotel, is an iconic Dawson landmark. The historic 19-room boutique hotel seamlessly weaves the charm of a bygone era with contemporary, upscale hospitality. Adorned with vintage gold rush era photography, the lobby walls serve as a visual journey through the hotel’s storied past, offering an immersive experience. Guests can also unwind in the Midnight Sun Lounge, sharing stories of their Yukon adventures while enjoying an extensive cocktail menu.
Together, as partners in this exciting venture, Tr’ondëk Hwëch’in Trust and Northern Vision Development look forward to welcoming guests to a redefined era of hospitality in the heart of Dawson City.
“The expansion of our partnership with Coast Hotels is a natural next step for our hospitality portfolio in Dawson City. Our commitment to delivering exceptional experiences for locals and visitors is reflected by Coast Hotels’ ethos. As NVD’s largest unit holder, Tr’ondëk Hwëch’in Trust is particularly proud to expand our partnership with the recent acquisition of the Eldorado for the direct benefit of Tr’ondëk Hwëch’in citizens.”
Maureen Birckel, Trustee, Tr’ondëk Hwëch’in Trust
“We are excited to continue NVD’s long partnership with Coast and to expand this relationship to two additional hotels in Dawson City. Our pride in our downtown assets is amplified by the fact that we co-own these assets with the Tr’ondek Hwech’in Trust. Our goal is to continue to grow Dawson City as a destination, and we believe a partnership with Coast is the best way to make that happen.”
Michael Hale, Chief Executive Officer, Northern Vision Development
“We are excited to expand our presence in the Yukon Territory with the addition of Eldorado, a Coast Hotel, and Midnight Sun, a Coast Hotel, in Dawson City. These properties reflect our dedication to providing friendly service, refreshingly local stays, and memorable experiences for our guests while celebrating the unique history and natural beauty of Dawson City.”
Jin Sasaki, President & Chief Executive Officer, Coast Hotels
About Tr’ondëk Hwëch’in Trust
The Tr’ondëk Hwëch’in Trust holds and manages compensation dollars on behalf of all Tr’ondëk Hwëch’in Citizens. These are the funds our First Nation received under the Umbrella Final Agreement as part of our Land Settlement Claim. We were established in 2009 following a General Assembly Resolution to invest those dollars on behalf of all our Citizens – current and future generations.
We manage those funds responsibly, in a way our Elders have always done with resources – like caribou or salmon – only taking as much as we need for now and leaving enough for the future.
The Trust is a separate legal entity from the Tr’ondëk Hwëch’in Government and independent of individual Citizens. We have a Protector who oversees the running of the Trust, appoints Trustees and is responsible for reporting on the Trust’s performance.
About Northern Vision Development
Northern Vision Development, a private real estate partnership established in February 2004, owns, manages, acquires, and develops hospitality, commercial and residential assets in Canada’s Yukon Territory. NVD is managed by its General Partner, Northern Vision Development Corp., a private corporation based in Whitehorse and formed under the laws of the Yukon. The operations of the Partnership are overseen by a board of directors of the General Partner, comprised of individuals with a diverse mix of skill sets, including experience in the real estate and hospitality industries. NVD is proud to be majority First Nation-owned and is dedicated to serving the communities of the Yukon Territory.
About Coast Hotels
Each Coast Hotel property is as unique as the destinations they are located in, yet they all have something in common: friendly service and our always pleasant amenities. Coast Hotels offers properties throughout British Columbia, Alberta, Saskatchewan, the Yukon, Alaska, California, Hawaii, and Washington State in cities large and small. As one of North America’s fastest-growing hotel brands, Coast Hotels owes its continued expansion to its friendly service, prime locations, value, and guest satisfaction. Coast Hotels owns and franchises hotels under the Coast Hotels brand and manages hotels on both a Coast Hotels branded and independent basis.
Kyle McKinnon, Corporate Director of Sales, Marketing & Revenue Strategy Northern Vision Development LP
(867) 334 6718