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Holloway Sells Ottawa Property That Includes Holiday Inn for $50 Million

Halifax Company Inherited Property with Purchase of Royal Host but Later Renovated Property and Recorded $26.3 Million Gain
CoStar News
December 20, 2018 | 5:47 P.M.

Holloway Lodging Corp. has recorded an approximately $26.3 million gain on the sale of a hotel it inherited as part of the company's purchase of Royal Host in 2014, after a renovation and conversation of the property to a Holiday Inn.

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