The historic Princeton Hotel was gutted by fire on Sunday, leaving as many as seven people homeless.

The brick hotel, which was built in 1912, was one of the oldest operating hotels in the province.

It occupied about two-thirds of a block in the downtown core of its namesake community in the B.C. Interior, located about 280 kilometres east of Vancouver.

The hotel was also home to a popular bar for local residents.

There's no word on whether it will be rebuilt. All that remained of the building Monday was two walls.

The curator of the Princeton Museum said the loss of the hotel represents the loss of two businesses for the small community.

"We lose, in fact, the only downtown pub that we have," said Nick Mills. "We lose a beer and wine store and, of course, there are the six or seven people that it was home to."

Mills also note that the old building had a rich history, which included stories of local ghosts.