Temple Hotels Inc | REIT Profile

Symbol: TPH
Exchange: TSX
Founded: 2012 (12 years)
HQ: Mississauga, Canada
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Hotel

See TPH on Yahoo Finance

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About Temple Hotels Inc

The primary business of Temple Hotels Inc. is to own hotel real estate in primary and secondary markets across Canada. The common shares of Temple Hotels Inc. trade on the Toronto Stock Exchange (TSX) under the symbol TPH. The main objectives of Temple Hotels Inc. are: To strategically grow to become one of Canada's top-performing hotel ownership companies; To enhance the value of assets and maximize long-term share value through the active management of assets; To generate stable and growing dividends; To expand the asset base and increase dividends through the accretive acquisition of additional hotel properties and internal growth initiatives. Temple Hotels Inc. was formed in accordance with a Plan of Arrangement which converted Temple Real Estate Investment Trust (TREIT) to a corporation, effective December 31, 2012. Temple Hotels Inc. continues the business of TREIT, which acquired its first property, Temple Gardens Mineral Spa, and became a publically listed real estate investment trust on the TSX Venture Exchange on October 1, 2006. Temple Gardens Mineral Spa is a 179 room, full service hotel and spa complex which is located in Moose Jaw, Saskatchewan and is connected to the Casino Moose Jaw.


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Last updated: 2024-03-28 - v4.8