An undisclosed buyer acquired Travelodge and Super 8 by Wyndham Timmins, Ontario from Holloway Lodging Corporation (TSX:HLC) for CAD 11.4 million on June 18, 2019. Under the terms of agreement, Holloway Lodging sold Travelodge and Super 8 by Wyndham Timmins, Ontario for approximately CAD 0.07 million per room. Holloway expects to use the net sale proceeds to reduce amounts drawn under its revolving credit facility. An undisclosed buyer completed the acquisition of Travelodge and Super 8 by Wyndham Timmins, Ontario from Holloway Lodging Corporation (TSX:HLC) on June 18, 2019.