Less than 24 hours before the sale of the Waterloo Inn goes through, the identity of its new owner and their plans for the property remain a tightly-guarded secret.
“They’re keeping it very close to their chest,” general manager Mary D’Alton said Monday.
The sale of the King Street North hotel was announced last month.
Although it’s generally believed that the 19-acre property – which D’Alton previously described as “under-utilized” will be the site of major development once the sale goes through, nothing has been said publicly about the fate of the land or the 160-room hotel itself.
The 43-year-old hotel had a jammed schedule of events through the weekend.
That wasn’t the case Monday, as the building was closed to the public.
Employees worked inside to clean parts of the hotel, and then celebrated with what D’Alton termed “pomp and pizza”.
“It was like breaking apart the family home,” she said.
“There were tears, but there was also a lot of laughter.”
Between full-time and part-time staff, about 120 people were employed at the Waterloo Inn.
