PEI Based Company Buys Another Moncton Hotel

A PEI based company has added another Moncton hotel to its portfollio. The Charlottetown Guardian is reporting that D.P. Murphy Hotels and Resorts has purchased the Fairfield Inn and Suites in Moncton. The same company also recently purchased the Quality Inn in Dieppe and now boasts four hotels in the Moncton area. D.P Murphy now holds 11 properties in eastern Canada along with a number of Tim Hortons and Wendy’s franchises.