The ASG Group is pleased to announce it has added a registered mortgage brokerage to its family of investment services. Call us about new offerings.
With great success, ASG continues offering investments in branded hotels across Canada. Our partner, Pacrim Hospitality has extended its business model to include Holloway Hospitality REIT. This has many advantages for ASG investors.
Recent press releases highlighting ASG Financial Corp's investments and opportunities:
Hampton , the international brand of more than 1,450 mid-priced Hampton Inn® and Hampton Inn & Suites® hotels, today announced the opening of the 116-room Hampton Inn & Suites by Hilton in Saint John, New Brunswick, Canada. This hotel features three King Suites and 29 King Studio Suites. The hotel is operated by Pacrim Hospitality Services, Inc. (PHSI) and marks the brand’s entry into the Atlantic Canadian market.
“Canada remains an important growth market for us, particularly with its sustained economic growth and strong dollar,” said Phil Cordell, senior vice-president, Hampton brand management. “The country remains underserved in the limited-service market and we believe there is room to grow exponentially there in the coming years. We currently have 21 Hampton by Hilton hotels open in six provinces and enjoy strong brand awareness nationwide.”
Located at 51 Fashion Drive in the rapidly growing East Point Shopping development in Saint John, the four-story hotel is near such area attractions as McAllister Place Shopping Center, Harbour Station and New Brunswick Community College. The property provides 1,200 square feet of meeting space to accommodate up to 45 people, a 24-hour business center, indoor swimming pool, hot tub and 80-foot waterslide. Guest rooms are equipped with complimentary, high-speed Internet access, flat screen televisions and granite-topped vanities, and a complimentary hot and cold breakfast is offered each morning.
Allan Grossman, chairman of ASG Financial Corporation in Toronto, speaking for investors, indicated that, “the opportunity to join with Hilton Hotels, with Pacrim Hospitality Services and with the business community of Saint John has made this a very rewarding project for all involved. We anticipate great success at this property.”
To celebrate its opening, the hotel is offering a $99 introductory rate, and working with many East Point Shopping and area merchants to create a shopping package featuring discounts and coupons for many of the areas fine shops and restaurants. For additional information on the hotel, visit on-line at www.hamptoninnsaintjohn.com or contact the hotel directly at (506) 657-4600.
The Netanya-based incubator Targetech Innovation Center has invested $400,000 in pCure Ltd., which has developed a proton therapy device to treat cancer. This is Targetech’s third investment this year.
Proton therapy is a form of radiotherapy that is considered safer than conventional radiotherapies for treating tumors. “Existing radiation treatments, such as X-rays and electrons, enter the body at maximum energy, which has ebbed by the time they reach the tumor. In contrast, protons are heavier so they enter the body at low energy, and can be energized as we direct them,” said pCure founder Dr. Michael Marash, who currently serves as CTO of Vecta Ltd. “But the price of proton therapy is 20 times that of regular radiation treatments, and involves the use of expensive equipment, which has delayed market penetration of the technology. Building a room for proton therapy costs over $100 million. As a result, there are only 25 such treatment centers in the world today.
