The property offers more than 22,000ft² of meeting and banquet space. Credit: Quang Nguyen Vinh / Unsplash.

Ontario Airport Hotel & Conference Centre, situated near Ontario International Airport in the US, is being offered for sale through a bankruptcy auction.

The property’s owner Morgan Group Holding, through Starbridge (Ontario) Investment, filed for bankruptcy as per court records from California’s Central District, reported The Real Deal.

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Hilco Real Estate Sales has now announced the bid deadline to be 9 July, with the sale pending Bankruptcy Court approval.

Hilco Real Estate Sales National Hotel Team head Keith Worsham said: “This is a unique opportunity to acquire a well-performing hotel property in a key location.

“With its extensive amenities and potential for brand affiliation, the Ontario Airport Hotel & Conference Centre represents a significant investment prospect in the vibrant Inland Empire region.”

The hotel, occupying 8.48 acres, is located off Interstate 10, minutes from the Ontario Convention Centre.

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Spanning approximately 232,430ft², the hotel has 309 rooms.

It features a range of amenities including a restaurant and bar, a coffee shop, an outdoor pool, and a fitness room.

The property also offers more than 22,000ft² of meeting and banquet space, with the main tower hosting 16 separate breakout spaces.

Additionally, it offers 5,300ft² for receptions of up to 750 guests and an executive boardroom.

Ontario Airport Hotel & Conference Centre, which completed a partial overhaul last year, operates as an independent hotel.

Hilco Real Estate Sales executive vice president Jeff Azuse said: “Whether maintaining its independent status or rebranding with a leading hotel chain, new ownership can significantly enhance the value and performance of this asset.”