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Atlific Hotels Introduces the Newly Branded Sheraton Red Deer Hotel

Red Deer, AB. (December 15, 2011) – Central Alberta’s only four star hotel and conference centre proudly becomes the newly branded Sheraton Red Deer Hotel. Formerly the Capri Hotel, Trade and Convention Centre, the freshly refurbished hotel features all the services and amenities guests have come to expect from the popular Sheraton brand.

Managed by Atlific Hotels, Sheraton Red Deer’s new look includes 241 remodeled guest rooms and suites including the addition of 24 entirely new rooms. Conveniently located only 80 minutes from both Edmonton and Calgary, Sheraton Red Deer is central Alberta’s premier meeting destination. Temple Real Estate Investment Trust (TREIT) is the owner of the Sheraton Red Deer Hotel as well as ten other hotels located in Alberta, Saskatchewan and Yellowknife, Northwest Territories.

“We are thrilled to work with the Starwood Group again on this exciting project,” said Philippe Gadbois, senior vice-president sales and marketing, Atlific Hotels. “The newly designed hotel provides guests a comfortable space for both work and play in a hotel with meeting and convention space that is unrivalled anywhere in Central Alberta.”

The Sheraton Red Deer Hotel’s renovation provides visitors with an all-new guest experience including a dramatic entrance to the beautiful new grand lobby featuring comfortable community seating areas and cozy new furnishings. Lobby amenities also include the Link@Sheraton TM experience powered by Microsoft, which provides guests with complimentary use of well-lit PC workstations, free high-speed wireless Internet access and printers to make work easy.

The redesign of the hotel’s 241 guestrooms and suites includes contemporary décor, spacious surroundings, signature furnishings and the Sheraton Sweet Sleeper Bed TM complete with luxurious, 300 thread count sheets. For guests interested in maintaining their workout routine on the go, the Sheraton Red Deer now makes it easy with Sheraton Fitness powered by Core Performance. The new 24-hour fitness facility includes the latest in strength and cardio equipment, a sauna, a steam bath and a seasonal outdoor heated pool.

The newly branded Sheraton Red Deer Hotel features a conference centre that is unparalleled in central Alberta. The newly freshened space provides guests with virtually endless meeting opportunities with 14 meeting rooms, including a 12,000 square-foot ballroom and a 33,000 square-foot indoor exhibit hall with 26-foot ceilings. The unique exhibit hall space is ideal for trade shows, exhibits, concerts, meetings, weddings and social events. The Sheraton Red Deer provides clients with everything from on-site catering serviced by dedicated kitchens, to professionally trained on-site audio-visual specialists. The Sheraton Red Deer makes planning even the most complex event a breeze.

The restaurants and lounges at Sheraton Red Deer provide guests with plenty of options to dine, relax and explore without ever leaving the comforts of the hotel. Diverse cuisine, an intimate atmosphere and impeccable service place Barbero’s at the top of Red Deer’s fine dining scene. For a more casual experience, guests can stop by Joe’s Deli for fresh sandwiches and assorted snacks. Red Deer locals vote the hotel’s Bellinis the best in town, featuring happy hour, Karaoke and live DJs. For late night entertainment, Billy Bob’s Country Music Dance Hall stays open until 3 a.m. Featuring a beautiful view of the outdoor heated pool, the Garden Terrace Lounge is a great spot for after-hours meals and drinks.

For press-ready images please visit: http://www.cleanpix.com/cleanpix/portal/WDGm:mC4:Yr0

About Sheraton Red Deer Hotel

The newly designed Sheraton Red Deer features 241 contemporary guestrooms and meeting facilities unmatched anywhere in Central Alberta. The meeting and conference space can accommodate up to 2000 people, featuring 14 meeting rooms including a 12,000 square-foot ballroom and a 33,000 square foot indoor exhibit hall with 26-foot ceilings. Catering to business and leisure travelers, The Sheraton Red Deer has maintained industry-leading standards of excellence by offering an award-winning combination of services, value and comfort. Sheraton Red Deer, formerly The Capri Trade & Conference Centre, stands on a strong platform of products, service, dedicated employees and community support and is a long-standing supporter of numerous local community projects and organizations. In the centre of it all, The Sheraton Red Deer is situated in the heart of vibrant Red Deer, a bustling urban centre surrounded by rolling hills and the scenic Red Deer River. For more info please visit www.SheratonHotelRedDeer.com.

About Atlific Hotels

Atlific Hotels is one of the fastest growing hotel management companies in Canada operating over 40 hotels with offices in Montreal, Toronto and Vancouver. Named Hotel Company of the Year in 2009 by Hotelier Magazine, Atlific Hotels has over 50 years of experience managing well known Canadian hotels, resorts, and extended stay properties and has built a reputation for best in business accounting reporting, exceptional sales and marketing programs and sound operational systems. Atlific Hotels’ parent company, Ocean Properties, Ltd. operates over 60 hotels throughout the United States. Together they manage over 100 properties in North America with a total of 16,500 rooms, which include independent hotels and resorts as well as internationally recognized hotel brands such as Marriott, Hilton, Westin, Sheraton and Holiday Inn. For more information please visit www.atlific.com.

About TREIT

Temple REIT is a real estate investment trust listed on the TSX Venture Exchange. The traded trust units provide unit holders with stable monthly cash distributions derived from investment in a diversified portfolio of hotel properties. For further information on TREIT please visit www.treit.ca.