Edition:
United States

Temple Hotels Inc (TPH.TO)

TPH.TO on Toronto Stock Exchange

3.75CAD
25 Sep 2017
Change (% chg)

-- (--)
Prev Close
$3.75
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
7,676
52-wk High
$6.18
52-wk Low
$3.37

Latest Key Developments (Source: Significant Developments)

Temple Hotels reports 3 pct rise in Q2 revenue
Tuesday, 8 Aug 2017 04:45pm EDT 

Aug 9 (Reuters) - Temple Hotels Inc -:Temple Hotels Inc reports 2017 second quarter financial results.Q2 revenue rose 3 percent.‍on a basic per common share basis, qtrly FFO decreased by $0.10 per common share​.Qtrly ‍funds from operations per share $0.26​.Qtrly ‍Q2 ended June 30, 2017, revpar for overall portfolio was $90.81, compared to $86.33​.  Full Article

Temple Hotels provides debt update
Wednesday, 5 Jul 2017 09:04am EDT 

July 5 (Reuters) - Temple Hotels Inc :Temple Hotels Inc. provides debt update.Temple Hotels - Announced that Series D 7.75% convertible debentures were repaid in full with accrued interest at their June 30, 2017 maturity date.Temple Hotels Inc - Also announcing a binding agreement for refinancing of a five-loan mortgage portfolio with incumbent lender.Temple Hotels Inc - Principal balance outstanding of Series D convertible debentures at maturity was $34.3 million.Says as a condition of refinancing, temple will pay down maturing, aggregate balance by $7.5 million.Temple Hotels Inc - ‍five loans are cross collateralized and it is expected loans will close in Q3 of 2017​.Temple Hotels Inc - Also entered into a revolving credit facility with a Canadian Chartered Bank for a maximum loan of $16.5 million.Temple Hotels Inc - Also announces refinancing of a hotel property located in Sudbury, Ontario, in amount of $8.4 million.  Full Article

Temple Hotels reports qtrly loss per share $0.04
Monday, 8 May 2017 04:45pm EDT 

May 8 (Reuters) - Temple Hotels Inc :Temple Hotels Inc. reports 2017 first quarter financial results.Temple Hotels Inc qtrly loss per share $0.04.  Full Article

Temple Hotels Inc. Reports 2016 second quarter results
Tuesday, 9 Aug 2016 04:15pm EDT 

Temple Hotels Inc : Temple Hotels Inc. Reports 2016 second quarter results . On a basic per common share basis, FFO and AFFO decreased by $0.07 per common share and $0.05 per common share, respectively for Q2 .At June 30, 2016, company was not in compliance with debt service covenants affecting 14 mortgage loans in aggregate amount of $201.4 million.  Full Article

Temple Hotels says seven properties have light to moderate impacts from wildfires
Thursday, 2 Jun 2016 04:13pm EDT 

Temple Hotels Inc - : Temple Hotels Inc. - Fort McMurray property update . Seven properties have been identified as having light to moderate impacts from Fort McMurray wildfires . Services available at the properties will continue to be impacted for a period of time .Two additional properties, Merit Hotel & Suites and Radisson Hotel & Suites Fort McMurray, sustained greater fire, smoke and water damage.  Full Article

Temple Hotels Inc announces normal course issuer bids for common shares
Thursday, 10 Mar 2016 10:58am EST 

Temple Hotels Inc:Announces normal course issuer bids for common shares.Says to purchase up to 4.5 million common shares representing 10% of the public float of the shares on February 29, 2016.Says all shares purchased by Temple under the ncib will be cancelled.  Full Article

Temple Hotels Inc completes fully subscribed rights offering
Friday, 30 Oct 2015 08:00am EDT 

Temple Hotels Inc:Announces completion of fully subscribed $40 million rights offering.  Full Article

Morguard Corporation Increases Ownership Position in Temple Hotels Inc.
Friday, 16 Oct 2015 05:34pm EDT 

Morguard Corp :Increases ownership position in temple hotels inc.Between September 30, and October 16,co acquired 5,319,500 rights of temple hotels inc at a weighted average price of about $0.106.Rights acquired entitle co to acquire 4.7 million common shares, representing about 9% of issued and outstanding common shares of temple hotels.  Full Article

BRIEF-Temple Hotels reports 3 pct rise in Q2 revenue

* Temple Hotels Inc reports 2017 second quarter financial results