September 9, 2020

Knightstone Capital Management Inc. (“Knightstone”) is excited to announce the formation of the Knightstone Hotel Group (“Knightstone Hotels”). Knightstone Hotels is a strategic partnership between Knightstone Capital Management and hotel industry veteran, Bill Stone (“Bill”).

Led by Bill as President, Knightstone Hotels will focus on the acquisition, development, and asset management of high-quality hotel assets in Canada and abroad. Bill brings a wealth of experience to Knightstone Hotels as one of Canada’s premier hotel advisors and consultants. Over the past 30 years, he has been involved in 350+ hotel transactions, valued at more than $6B, comprised of single asset and portfolio sales of both independent and branded properties.

“Bill is an icon within the Canadian hotel landscape, and, coupled with Knightstone’s hospitality and development expertise, we will be exceptionally positioned to establish and grow a successful hotel portfolio to augment our
existing asset base. Bill brings immense experience in skillfully structuring and negotiating hotel transactions. Having worked with him closely over the past 10 years, we are excited to launch this new venture and harness Bill’s vast
expertise to position Knightstone Hotels as an industry leader,” says Alan Perlis, President of Knightstone Capital Management.

“We believe in the long-term potential of the Canadian hotel industry. Our relationship with Knightstone has complementary synergies and the united goal of acquiring and developing a portfolio of significant urban assets. We look
forward to helping Knightstone accelerate its growth in the lodging sector,” says Bill.

Before joining Knightstone Hotels, Bill was the Executive Vice President of CBRE Hotels, where, since 2010, he established and led one of the largest hotel brokerage and advisory fifirms in Canada. Bill is well versed in complex
transactions laden with brand, management, land leases, and rights of first refusal. He is an industry resource when assessing hotel values, and during management contract and franchise agreement negotiations. Bill also worked as a hotel real estate advisor for two decades before CBRE at Colliers International and Laventhol & Horwath. Additionally, Bill sits on the Board of Directors for the York School and chairs its Premises Committee.

Deborah Borotsik joins Knightstone Hotels, alongside Bill, as Vice President. Deborah brings to Knightstone Hotels over two decades of sales, marketing, and underwriting experience in the Canadian hotel industry. Before joining Knightstone Hotels, Deborah was Vice President of CBRE Hotels, where she was responsible for due diligence, strategic advisory, and valuation of transactions. Prior to CBRE, Deborah worked at Colliers International, as well as Price Waterhouse and Laventhol & Horwath.