Mach, a real estate operator, agreed to acquire InterContinental Hotel Montreal, a prestigious hotel. Financial terms were not disclosed. "The InterContinental Hotel is a real estate asset with incredible potential. In the coming months, we will be implementing a major investment plan to bring the hotel up to the highest standards of quality and luxury. Beyond this acquisition, we are proud to have a team of more than 220 experienced employees join our large family, recognized for their outstanding service for which the InterContinental is renowned," Vincent Chiara, MACH President and Founder.