StanCraft, a Hayden, Idaho-based private family of companies, in partnership with an investor group, announced the acquisition of Templin’s on the River in Post Falls, Idaho.
Founded in 1986, Templin’s is a 167-room waterfront hotel, bar and marina. With new, supportive ownership, the hotel will be upgraded throughout 2024 and 2025, building on its current features with updated amenities, landscaping, lighting, and guest room enhancements. All food and beverage offerings will also be enhanced and relaunched with a strong guest service culture.
“We are excited to bring StanCraft back to Post Falls and provide a top-notch, enhanced hotel and marina experience to our community,” said Robb Bloem, StanCraft CEO. “With several great, longstanding Post Falls businesses right nearby, this is an ideal place for visitors to experience North Idaho and take in the beauty of the river.”
Templin’s will operate under a new hotel management agreement, and property oversight will be provided by Harry Sladich, former Chief Operating Officer for Red Lion Hotels Corporation.
“We are delighted to play a role in transforming this storied property and offering an upgraded, premium hotel experience in Post Falls,” said Sladich. “Templin’s is one of the most well-known hotels in the region, and we look forward to building on the legacy it has established here for nearly 40 years. In the coming weeks, we will be hiring a best-in-class management team, including a new, dynamic General Manager and Director of Sales, to help us move this exciting project forward.”