VANCOUVER, BC (September 15, 2011) Clearlease Financial Reports Royal Host Inc. (TSX:RYL) has finalized terms for the sale of one of its hotels, the Best Western Village Park Inn in Calgary.
Financial terms of the deal, which is expected to close in 30 to 45 days, were not disclosed by the company Wednesday Sept 14, 2011.
Royal Host has a portfolio of hotels operating under brands such as Travelodge, Super 8, Holiday Inn, Hilton, Ramada and Thriftlodge.
In addition, it operates the Travelodge Canada franchise business, which gas 90 hotels in Canada.
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Clearlease Video Link: http://youtu.be/fROP17iUSEg
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Clearlease Financial Group Corporation
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 716-0495
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