Temple Hotels Inc. reported earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported total revenue of CAD 45,490,000 against CAD 46,106,000 for the same period a year ago. Revenue decreased CAD 0.6 million or 1% during the three months ended September 30, 2018 compared to 2017, primarily due to a decrease within the Fort McMurray of CAD 1.0 million as a result of lower occupancy and the expiry of a long-term lease at the Cortona Residence and a decrease within the Sold Property portfolio of CAD 0.5 million. The decrease was partially offset by increases in revenue within the other Alberta and other Canada portfolios of CAD 0.5 million and CAD 0.4 million, respectively. Hotel operating income was CAD 13,921,000 against CAD 15,190,000 for the same period a year ago. Hotel operating income decreased by CAD 1.3 million or 8% during the three months ended September 30, 2018 compared to 2017, primarily due to a decrease in hotel operating income within the Fort McMurray, other Canada and Sold Property portfolios of CAD 1.0 million, CAD 0.1 million and CAD 0.1 million, respectively. Net income and comprehensive income was CAD 2,780,000 or CAD 0.11 per basic and diluted share against CAD 3,355,000 or CAD 0.13 per basic and diluted share for the same period a year ago. The decrease in net income is mainly due to a decrease in hotel operating income of CAD 1.3 million, partly offset by a decrease in depreciation and amortization of CAD 0.3 million and an increase in other income of CAD 0.2 million. Cash flow provided by operating activities was CAD 7,128,000 against CAD 8,585,000 for the same period a year ago. Funds from operations were CAD 7,086,000 or CAD 0.28 per common share against CAD 8,170,000 or CAD 0.32 per common share for the same period a year ago. The decrease in FFO mainly reflects lower hotel operating income of CAD 1.3 million, partially offset by an increase in other income of CAD 0.2 million. For the nine months, the company reported total revenue of CAD 125,795,000 against CAD 125,734,000 for the same period a year ago. Hotel operating income was CAD 33,610,000 against CAD 35,306,000 for the same period a year ago. Net loss and comprehensive loss was CAD 5,798,000 or CAD 0.23 per basic and diluted share against net income and comprehensive income of CAD 495,000 or CAD 0.02 per basic and diluted share for the same period a year ago. Cash flow provided by operating activities was CAD 10,402,000 against CAD 10,933,000 for the same period a year ago. Funds from operations were CAD 12,019,000 or CAD 0.48 per common share against CAD 14,628,000 or CAD 0.57 per common share for the same period a year ago.