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    Colony Hotel 
    89 Chestnut St. 
    Toronto,  Ontario  Canada  M5G 1R1
    
 
      
        
          | #
            of Rooms:  721 | 
         
        
          | HOTEL
            DESCRIPTION: | 
         
        
          | Room
            Information: Refurbished,  guest
            rooms include standard, deluxe, executive, wheelchair accessible
            rooms, 18 one and two bedroom suites and four new ADA-approved wheel
            chair accessible guest rooms. All rooms come with a long list of
            amenities including: individual temperature control, iron and
            ironing board, hair dryer, remote controlled television, in-room
            movies, AM/FM radio, telephone with voice mail and conference
            calling, tea and coffee maker. All guest rooms feature electronic
            locks. In suite data ports that permit in-room fax/modem use,
            spacious work desks and include ergonomic chair.
             NEWS
            STORY: 
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    The University of Toronto is expected to
    buy the Colony Hotel today to transform the three-star executive inn into
    the school's first permanent off-campus residence. 
    The university has been eying the
    721-room property, on Chestnut Street adjacent to Nathan Phillips Square, in
    preparation for September, when the school will accept a massive first-year
    class made up of double cohort students, swollen by the province's
    elimination of Grade 13. 
    About 400 students were temporarily
    housed at the Primrose Hotel, at Jarvis and Carlton, because of overcrowding
    during this school year. Another 24 students from St. Michael's College
    lived at the opulent Sutton Place Hotel for a month last fall while their
    residence was repaired. 
    This year, nearly 65,000 applicants
    applied for 9,124 freshmen spots at U of T, up from 33,926 applicants for
    7,294 spaces in 2001. The ratio of applicants to spaces jumped from 4.7 per
    spot to 7. 
    The university's governing council is
    expected to approve the transaction at a closed meeting this afternoon. 
    The Colony, purchased for $73-million in
    1989 by Hong Kong tycoon Sally Aw, is considered to be a three-star
    business hotel. About 250 hotel workers who fear they will lose their jobs
    will protest today outside the meeting at the school's downtown campus.    
    - 2004 February 14   
    by Heather  Sokoloff     National
    Post      
    
        
           
     
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