Temple Hotels Inc. is a Canadian real-estate company that owns and manages hotels across Canada. By 2020, the company owned 28 hotels, nine of which were located in Fort McMurray, Alberta, and three in Saskatchewan, formerly including the Temple Gardens Hotel & Spa (its namesake).
History
Originally established as an income trust under the name Temple Real Estate Investment Trust, the company converted to a corporation under the name Temple Hotels Inc., effective December 31, 2012. The company was formerly listed on the Toronto Stock Exchange under the symbol TPH. In February 2020, Temple Hotels was purchased by Morguard Corporation and became a subsidiary of Morguard.
Corporate Structure
| Attribute | Details |
|---|---|
| Type | Public (formerly TSX: TPH) |
| Industry | Real Estate |
| Predecessor | Temple Real Estate Investment Trust |
| Founded | 2006 |
| Headquarters | 2600 Seven Evergreen Place, Winnipeg, Canada |
| Services | Hotel property ownership and management |
| Parent | Morguard Corporation |
| Website | www.templehotels.ca |
Properties
Temple Hotels' portfolio has included properties across multiple Canadian provinces:
Alberta:
- Best Western Wayside Inn & Suites — Lloydminster
- Clearwater Suite Hotel — Fort McMurray
- Clearwater Residence Hotel - Timberlea — Fort McMurray
- Franklin Suite Hotel — Fort McMurray
- Holiday Inn Express — Sherwood Park
- Hilton Garden Inn - West Edmonton — Edmonton
- Merit Hotel & Suites — Fort McMurray
- Nomad Hotel & Suites — Fort McMurray
- Radisson Hotel & Suites — Fort McMurray
- Sheraton Red Deer — Red Deer
- Vantage Inn and Suites — Fort McMurray
British Columbia:
- Inn at the Quay — New Westminster
Manitoba:
- Holiday Inn South — Winnipeg (50% ownership)
Northwest Territories:
- Chateau Nova and Chateau Nova Suites — Yellowknife
Nova Scotia:
- Cambridge Suites — Halifax
- Prince George Hotel — Halifax
- Cambridge Suites — Sydney
Ontario:
- Courtyard by Marriott — Ottawa
- Holiday Inn Express Hotel & Suites Ottawa West — Nepean
- Residence Inn by Marriott — London
Saskatchewan:
- Saskatoon Inn & Conference Centre — Saskatoon
- Wingate By Wyndham — Regina
Acquisition by Morguard
On February 18, 2020, Temple Hotels Inc. completed a going-private transaction with Morguard Corporation, which acquired all outstanding shares. Following the acquisition, Temple Hotels became a wholly owned subsidiary of Morguard.
