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Temple Hotels TMPHF

Temple Hotels Inc owns hotel real estate in primary and secondary markets across Canada. Its segments include Fort McMurray, Other Alberta, and Other Canada. The properties portfolio of the company include British Columbia Properties, Alberta Properties, Saskatchewan Properties, Manitoba Properties, Ontario Properties, Nova Scotia Properties, and Northwest Territories Properties among others.


GREY:TMPHF - Post by User

Comment by KnowledgeSeekr8on May 09, 2016 1:36pm
130 Views
Post# 24854580

RE:RE:RE:RE:Smoke damage

RE:RE:RE:RE:Smoke damageAgreed, business interruption insurance will limit the downside on the Q2 earnings for the weeks that they are not operating in May. I'm not sure how those payouts are calculated from the insurers as they only had 50% occupancy for sometime, so I would have to assume the insurers would only cover on that basis. But moving forward on the rebuild of the area, we should be packed solid for the foreseeable future. Hopefully until the oil prices return to $80+ per barrel and the hotels will again be full from these oil workers. GLTA
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