Northampton Group Inc.

Northampton Group Inc.

April 23, 2009 06:00 ET

Northampton's Four Points by Sheraton Montreal Centre-Ville Closed and Sold

TORONTO, ONTARIO--(Marketwire - April 23, 2009) - Northampton Group Inc. (TSX VENTURE:NHG)(TSX VENTURE:NHG.DB) announces the closure of operations at the Four Points by Sheraton Montreal Centre-Ville, located at 475 Sherbrooke West in Montreal, effective April 20, 2009. The closure was a result of a prolonged labour dispute.

As previously announced, Northampton also announces the sale of the former Four Points by Sheraton Montreal Centre-Ville premises.

Northampton thanks its associates and clientele for their valued loyalty and patronage.

About Northampton

Northampton Group Inc. is an integrated Canadian hotelier with ownership and management interests in 2,200 rooms in 17 hotels, with a selective strategic development program in place. Focused on creating the best return for all stakeholders, Northampton's proven, market-sensitive strategy is to acquire or build hotels that provide superior overnight accommodation in the mid-price market. Northampton has demonstrated that it excels in this sector, offering services that exceed expectations while still posting industry-leading margins.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information

  • Northampton Group Inc.
    Vinod Patel
    President & CEO
    (905) 629-9992