Holloway Lodging Corporation (TSX: HLC, HLC.DB) (“Holloway”) sold the Days Inn and Travelodge hotels located in Moncton, New Brunswick for CAD 14 million on March 6, 2019. Holloway received approximately CAD 5.9 million of proceeds after closing costs, the repayment of CAD 6.7 million of mortgages secured by the properties and the provision of a CAD 1 million second mortgage secured by the properties. Holloway expects to use the net sale proceeds to reduce amounts drawn under its revolving credit facility. Holloway Lodging Corporation (TSX: HLC, HLC.DB) completed the sale of the Days Inn and Travelodge hotels located in Moncton, New Brunswick on March 6, 2019.