HLC.CA Profile & Description — Holloway Lodging Corp
Holloway Lodging is an open-ended real estate investment trust. Co. is engaged in acquiring, owning and operating select and limited service lodging properties and a small complement of full service hotels, primarily in secondary, tertiary and suburban markets in Canada. The objectives of Co. are: (a) to expand its asset base and increase its funds from operations through accretive acquisitions and internal growth initiatives; (b) to enhance the value of its assets to maximize long-term unit value through active management of its assets; and (c) to increase cash flow operations in order to resume distributions to unitholders at the appropriate time.