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Dispositions
3 Months Ended
Mar. 31, 2015
Discontinued Operations And Disposal Groups [Abstract]  
Dispositions

6.

Dispositions

On March 16, 2015, we sold the Delta Meadowvale Hotel & Conference Centre for approximately C$40 million ($31 million) plus an additional C$2 million ($2 million) for the FF&E replacement fund.

The following table provides summary results of operations for the one hotel sold in 2015 and the five hotels sold in 2014, which are included in continuing operations (in millions):

 

 

 

Quarter ended March 31,

 

 

 

2015

 

 

2014

 

Revenues

 

$

4

 

 

$

31

 

Income before taxes

 

 

 

 

 

5

 

Gain on disposals

 

 

3

 

 

 

112