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Royal Host Announces Pending Sale of Hotel
HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 14, 2011) - Royal Host Inc. (TSX:RYL) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) ("Royal Host" or the "Company") today announced that it has finalized the terms of an agreement for the sale of the Best Western Village Park Inn, located in Calgary, Alberta. All purchaser conditions have been waived by the purchaser, and the sale transaction is anticipated to close within the next Thirty (30) to Forty Five (45) days.
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