Tenders for any proposals will be opened Aug. 2 at 2 p.m.
"The Signature Resorts are important to our communities, our tourism industry, and our provincial economy," said Percy Paris, Minister of Economic and Rural Development and Tourism. "We are issuing a request for proposals to consider a broad array of options for their successful future operation.
"We want to ensure they remain significant economic and employment generators in their rural communities."
The province owns both resorts, and operates and maintains the federally-owned
Keltic Lodge Resort and Spa in Cape Breton Highlands National Park in Ingonish Beach. The province and Parks Canada plan to issue a separate request for proposals at a later date.
The province recently invested $3.1 million in the three properties to make immediate improvements for this season. The investment helped fund upgrades such as new beds, televisions, fridges and carpets.
New Castle Hotels and Resorts has managed the properties in recent years and its contract was extended until next January to secure jobs and ensure the resorts operate through this tourism season.