WINNIPEG — Temple Hotels has announced a $26-million deal to acquire the Cortona Residence in Fort McMurray, Alta. and align it with the neighbouring Clearwater Residence Hotel-Timberlea in 2018.
The extended-stay property is adjacent to the Clearwater Residence Hotel – Timberlea, which Temple also owns. It features 57 furnished two-bedroom suites as well as underground and surface parking.
Temple’s acquisition follows its investment in the Hotel Saskatchewan in Regina for $32 million last month.