TOP 20 CANADIAN DEVELOPMENT/OWNERSHIP FIRMS by units

Research by Peter Elliott
TOP 10 CANADIAN HOTEL MANAGERS
by units
UNITS
(CAN
2015)
UNITS
(CAN
2014)
ROOMS
(CAN
2015)
ROOMS
(CAN
2014)
Westmont Hospitality Group
110
120
17,144
15,166
2
Atlific Hotels
59
58
8,558
8,474
Atlific recently picked up the Best Western Crossroads in Thunder Bay and will add two Marriott hotels in
Calgary in October, 2015.
3
3
Delta Hotels & Resorts, a
Marriott Brand
27
29
7,717
8,497
Delta was bought by Marriott this year.
4
5
Lakeview Management
27
27
2,105
2,105
Lakeview is no longer managing any Travelodges in AB or ON.
5
4
Pacrim Hospitality Services
16
39
2,015
4,005
Pacrim has added the Atrium Inn in Vancouver and Hotel Faubourg in Montreal to its portfolio.
6
6
SilverBirch Hotels & Resorts
14
17
2,734
3,790
Silverbirch's portfolio has shrunk by 3 hotels in the last year. 1 new hotel planned for 2017.
7
8
Concord Hospitality
Enterprises Co
12
12
1,689
1,689
8
7
VJ Management
11
14
975
1,181
9
10
MasterBUILT Hotels
11
7
736
536
10
9
Larco Hospitality
9
8
3,184
2,424
RANK
2015
RANK
2014
1
1
2
COMPANY
EXPANSION NOTES
VJ has 7 branded and 5 independent hotels, all in Saskatchewan.
MasterBUILT is working on another 9 hotels, all of which are in Western Canada.
TOP 20 CANADIAN DEVELOPMENT/OWNERSHIP FIRMS
by units
UNITS
(CAN
2015)
UNITS
(CAN
2014)
ROOMS
(CAN 2015)
ROOMS
(CAN
2014)
SALES
$MILLIONS
(CAN 2015)
SALES
$MILLIONS
(CAN 2014)
Superior Lodging Corp.
232
141
17,260
9,364
NA
NA
2
InnVest REIT
110
119
15,299
15,142
$535.5
$686.1
3
3
Canalta Hotels
37
37
2,389
2,389
NA
NA
4
5
Lakeview Hotel Management Inc
35
35
2,923
2,923
NA
$32.0
5
4
Holloway Lodging
34
35
3,853
4,151
NA
NA
Holloway sold the Ramada Trenton and the Travelodge Toronto Airport and bought
the Days Inn Whitehorse. Holloway sold its Travelodge franchise business in 2015.
6
6
Temple Hotels
31
31
4,289
4,289
$188.4
$156.1
Temple sold Hotel Saskatchewan in July, 2015. Temple bought 8 hotels in 2013 and
another 5 in 2014.
7
8
Fortis Properties
Corporation
23
23
4,430
4,430
NA
$248.0
Hotels were sold to a private investor group in July, 2015.
8
11
Sunray Group of Hotels
19
14
2,062
1,533
NA
NA
9
9
Silver Hotel Group
17
17
2,650
2,650
NA
NA
10
10
Northampton Group Inc.
15
15
1,902
1,902
$29.6
NA
11
17
Easton's Group of Hotels
14
11
3,036
2,066
NA
NA
12
12
Sterling Group Inc
14
14
914
914
NA
NA
13
13
Vrancor Hospitality Corp.
13
13
1,951
1,951
NA
NA
Working on a Hampton Inn in Sarnia and 5 other hotels across Ontario.
14
15
d3h
13
12
1,129
997
NA
NA
Home Inn & Suites - Saskatoon opening October 2015. Rebranded one hotel in
Medicine Hat to Canada's first Home Inn Express.
15
14
Mayfair Properties
12
12
1,137
1,137
NA
NA
Mayfair is working on a Hilton in North Vancouver.
16
NA
PHI Hotel Group
11
NA
1,008
NA
NA
NA
17
NA
MANGA Hotels Group
10
NA
1,514
NA
NA
NA
Working on 3 hotels in Atlantic Canada.
18
18
Genesis Hospitality
10
10
1,416
1,416
NA
NA
Genesis bought 4 hotels in Ontario from Concord in November, 2011.
19
19
Pomeroy Group
10
10
923
923
NA
NA
20
NA
Airline Hotels
9
NA
1,534
NA
NA
NA
RANK
2015
RANK
2014
1
1
2
COMPANY
EXPANSION NOTES
Working on 6 more Microtels, a Residence Inn and a Courtyard by Marriott.
InnVest REIT sold 11 hotels and bought 2 hotels over the last year.
Opening Canalta Kindersley in the fall of 2015.
Sunray has bought 6 properties and sold 1 in the last year. They are working on 4
more, all new builds.
Easton's has picked up the Holiday Inn Toronto Airport, the Westin Bristol Place and
the Courtyard by Marriott Markham in the last year.
Three big events shaped the Canadian hotel industry this year. The first was the takeover of Delta by Marriott, the second was acquisition of license rights for
Travelodge by Superior Lodging Corporation and Waramaug Hospitality Canada and the third was the sale of all of its hotel properties by Fortis Properties
Corporation.
Marriott increased its Canadian portfolio by half in January when it signed agreements to acquire the Delta Hotels and Resorts brand and management and
franchise business from Delta Hotels Limited Partnership, a subsidiary of British Columbia Investment Management Corporation (bcIMC) for C$168. At the
time, the Delta brand included a diverse range of hotels and resorts with 38 properties and 10,000 rooms in more than 30 cities across Canada. The transaction
increased Marriott’s distribution in Canada to more than 120 hotels and 27,000 rooms.
In April, Superior and Waramaug acquired master license rights for Travelodge Canada from Halifax-based Holloway Lodging Corp. The new company,
headed by Superior Lodging Corp. CEO Marc Staniloff, was called Superior Lodging Development TL Corporation. Michael Rapps, chairman of Holloway,
became a member of the new company’s board of directors. This made the combined portfolio for both brands 221 hotels. Wyndham Hotel Group, which has
over 7,600 hotels in 70 countries worldwide, granted the rights for both deals.
In July, Fortis Inc. announced that it has signed a deal to sell the hotel assets of subsidiary Fortis Properties Corp. to a private investor group for $365 million
as the company moves to focus on its core utilities business. The transaction, involving 22 hotels in seven Canadian provinces, is expected to close in the fall.
The private investor group was not identified in a Fortis release.
TOP 35 CANADIAN HOTEL BRANDS
RANK
2014
RANK
2013
1
1
2
UNITS
(2014)
UNITS
(2013)
ROOMS
(2014)
ROOMS
(2013)
Best Western Intl Canada
201
198
19,060
18,495
2
Comfort (CHC)
146
145
12,221
12,168
3
3
Super 8 (WYN)
130
131
8,473
8,502
4
4
Days Inns - Canada (REA)
105
101
8,872
8,615
5
6
Holiday Inn Express (IHG)
86
86
8,853
8,853
6
5
Quality (Choice Hotels Canada)
85
87
7,995
8,357
Eight properties under development across Canada (as of June 2015).
7
7
Travelodge Canada
83
83
7,759
7,824
Looking to expand across Canada.
8
8
Ramada Worldwide (WYN)
76
77
7,586
7,732
9
9
Holiday Inn Hotel & Resorts (IHG)
65
65
11,865
11,865
Opened a new hotel in London, ON in the fall of 2014.
10
11
Econo Lodge (CHC))
55
54
2,900
2,805
Two properties under development (as of June 2015).
11
10
Howard Johnson Canada (WYN)
54
61
3,828
4,283
COMPANY
by units
EXPANSION NOTES
Six properties under development across Canada. (as of June 2015)
12
12
Delta Hotels and Resorts, a Marriott Brand
44
44
11,823
11,965
Opened a new Delta in Waterloo, ON in Summer 2014 and the flagship Delta
Toronto at South Financial Core, opened in the fall of 2014. Also opening
a new 150-room hotel in Thunder Bay, ON and a 170-room hotel in Prince
George, BC both in 2015.
13
13
Sandman Hotel Group (SAN)
43
41
6,521
6,132
Converted a Ramada in Mississauga to Sandman and opened in Oakville, ON
in 2015.
14
14
Hampton Inn/Hampton Inn & Suites (HIL)
39
39
4,305
4,305
Eight Hamptons are scheduled to open in 2015. Five of these are in the West.
15
18
Canada's Best Value Inn (VAN)
32
27
1,727
1,219
Added six hotels in Western Canada in the first half of 2015.
16
15
Knights Inn Canada (WYN)
32
33
1,174
1,305
17
17
Four Points by Sheraton (STA)
29
28
4,026
4,086
18
16
Coast Hotels
29
29
3,639
3,639
19
21
Courtyard by Marriott (MAR)
23
21
4,096
3,835
20
19
Motel 6 (REA)
23
24
2,005
2,079
21
20
Lakeview Management Inc
22
22
1,637
1,637
22
22
Hilton Garden Inn (HIL)
21
21
3,255
3,255
23
23
Residence Inn by Marriott (MAR)
20
20
2,928
2,928
24
32
Canalta Hotels
20
14
1,420
963
25
24
Fairmont Hotels & Resorts
19
19
9,954
9,954
26
25
Sheraton Hotels and Resorts (STA)
18
18
7,969
7,969
27
26
Marriott Hotels & Resorts (MAR)
16
16
5,355
5,355
28
28
Homewood Suites by Hilton (HIL)
16
16
1,812
1,812
29
29
Westin Hotels & Resorts (STA)
15
15
5,638
5,638
30
30
Hilton (HIL)
15
15
5,456
5,456
31
27
Radisson (CAR)
15
16
2,974
3,090
32
31
Fairfield Inn & Suites by Marriott (MAR)
14
14
1,562
1,562
33
33
Prestige Hotels
13
13
1,178
1,081
34
NA
Western Budget Motels
13
NA
1,200
NA
35
34
Executive Hotels & Resorts
12
12
1,969
1,969
Hotels opening in 2015 are Moncton, Surrey, Barrie, Regina and Sherwood
Park.
Opened locations in Airdrie, AB and Innisfail, AB in 2014.
No new Sheratons planned for Canada.
The Edmonton Hotel and Conference Centre converted to Radisson in September, 2014.
2015 REPORT
Regional Breakdown
TOP 10 WESTERN DEVELOPER/OWNERS by region
Superior Lodging
Corp.
Units: 144
Rooms: 10,533
Holloway
Lodging
Units: 15
Rooms: 1,519
Canalta Hotels
Temple Hotels
InnVest REIT
Units: 37
Rooms: 2,389
Units: 21
Rooms: 2,885
Units: 17
Rooms: 3,314
d3h
Mayfair
Properties
PHI Hotel Group
Pomeroy Group
Units: 11
Rooms: 1,008
Units: 10
Rooms: 923
Units: 13
Rooms: 1,129
Units: 12
Rooms: 1,137
Lakeview Hotel
Management Inc
Units: 17
Rooms: 1,396
TOP 10 WESTERN HOTEL BRANDS by region
Best Western Intl
Canada
Rank 2014: 1
Units: 115
Rooms: 10,621
Super 8 (WYN)
Rank 2014: 2
Units: 84
Rooms: 5,421
Ramada Worldwide (WYN)
Days Inns - Canada (REA)
Rank 2014: 3
Units: 62
Rooms: 5,934
Rank 2014: 4
Units: 53
Rooms: 4,286
Coast Hotels
Holiday Inn Express (IHG)
Sandman Hotel
Group (SAN)
Comfort (Choice
Hotels Canada)
Rank 2014: 6
Units: 40
Rooms: 4,108
Rank 2014: 7
Units: 39
Rooms: 5,662
Rank 2014: 8
Units: 32
Rooms: 2,694
Rank 2014: 9
Units: 29
Rooms: 3,639
Travelodge (SLD)
Rank 2014: 5
Units: 46
Rooms: 4,065
Holiday Inn Hotel
& Resorts (IHG)
Rank 2014: 10
Units: 27
Rooms: 3,768
TOP 10 ONTARIO DEVELOPER/OWNERS by region
Superior Lodging
Corp.
Units: 65
Rooms: 5,217
InnVest REIT
Units: 50
Rooms: 7,059
Sunray Group of
Hotels
Northampton
Group Inc.
Easton’s Group
of Hotels
Units: 16
Rooms: 1,717
Units: 14
Rooms: 1,153
Units: 13
Rooms: 2,725
Vrancor Hospitality Corp.
Holloway
Lodging
Silver Hotel
Group
Sterling Group
Inc
Lakeview Hotel
Management Inc
Units: 13
Rooms: 1,951
Units: 10
Rooms: 1,588
Units: 10
Rooms: 1,378
Units: 10
Rooms: 567
Units: 9
Rooms: 868
TOP 10 ONTARIO HOTEL BRANDS by region
Comfort (Choice
Hotels Canada)
Best Western Intl
Canada
Days Inns - Canada (REA)
Holiday Inn Express (IHG)
Rank 2014: 1
Units: 68
Rooms: 6,019
Rank 2014: 2
Units: 58
Rooms: 5,617
Rank 2014: 3
Units: 37
Rooms: 3,384
Rank 2014: 4
Units: 33
Rooms: 3,249
Quality (Choice
Hotels Canada)
Travelodge (SLD)
Holiday Inn Hotel
& Resorts (IHG)
Howard Johnson
Canada (WYN)
Hampton Inn /
Suites (HIL)
Rank 2014: 9
Units: 27
Rooms: 5,539
Rank 2014: 8
Units: 25
Rooms: 1,799
Rank 2014: n/a
Units: 21
Rooms: 2,218
Rank 2014: 6
Units: 29
Rooms: 2,954
Rank 2014: 7
Units: 29
Rooms: 2,866
Super 8 (WYN)
Rank 2014: 5
Units: 32
Rooms: 2,097
2015 REPORT
Regional Breakdown
TOP 10 QUEBEC DEVELOPER/OWNERS by region
InnVest REIT
Units: 24
Rooms: 2,825
Groupe Canvar
Units: 3
Rooms: 898
Tidan Hospitality
Group
Superior Lodging
Corp.
Urgo Hotels
Quint Hotels
Units: 6
Rooms: 794
Units: 8
Rooms: 1,206
Units: 8
Rooms: 863
Units: 4
Rooms: 549
RosDev Hotel
Group
Sunray Group of
Hotels
Sterling Group
Inc
Units: 3
Rooms: 345
Units: 3
Rooms: 180
Eastons Group of
Hotels
Units: 3
Rooms: 704
Units: 1
Rooms: 311
TOP 10 QUEBEC HOTEL BRANDS by region
Comfort (Choice
Hotels Canada)
Quality (Choice
Hotels Canada)
Best Western Intl
Canada
Econo Lodge
(Choice Hotels)
Gouverneur
Hotels
Rank 2014: 1
Units: 26
Rooms: 1,987
Rank 2014: 2
Units: 22
Rooms: 2,067
Rank 2014: 3
Units: 13
Rooms: 1,495
Rank 2014: 4
Units: 11
Rooms: 556
Rank 2014: 5
Units: 8
Rooms: 1,164
Holiday Inn Hotel
& Resorts (IHG)
Days Inns - Canada (REA)
Super 8 (WYN)
Fairmont Hotels
& Resorts
Delta Hotels and
Resorts
Rank 2014: 7
Units: 7
Rooms: 1,844
Rank 2014: 9
Units: 7
Rooms: 508
Rank 2014: n/a
Units: 5
Rooms: 2,585
Rank 2014: n/a
Units: 5
Rooms: 2,191
Rank 2014: 10
Units: 6
Rooms: 449
TOP 10 ATLANTIC DEVELOPER/OWNERS by region
InnVest REIT
Superior Lodging
Corp.
Holloway
Lodging
Lakeview Hotel
Management Inc
Fortis Properties
Corporation
Units: 15
Rooms: 1,045
Units: 9
Rooms: 746
Units: 9
Rooms: 659
Units: 8
Rooms: 1,789
New Castle Hotels & Resorts
DP Murphy Inc.
Hotel Group
MANGA Hotels
Group
Hearthstone
Hospitality
Temple Hotels
Units: 6
Rooms: 1,162
Units: 6
Rooms: 576
Units: 4
Rooms: 513
Units: 4
Rooms: 188
Units: 19
Rooms: 2,101
Units: 3
Rooms: 547
TOP 10 ATLANTIC HOTEL BRANDS by region
Comfort (Choice
Hotels Canada)
Best Western Intl
Canada
Delta Hotels and
Resorts
Rodd Hotels &
Resorts
Quality (Choice
Hotels Canada)
Rank 2014: 2
Units: 20
Rooms: 1,521
Rank 2014: 1
Units: 15
Rooms: 1,327
Rank 2014: 3
Units: 9
Rooms: 1,896
Rank 2014: 4
Units: 9
Rooms: 1,101
Rank 2014: 5
Units: 9
Rooms: 941
Holiday Inn Express (IHG)
Days Inns - Canada (REA)
Super 8 (WYN)
Hampton Inn/
Suites (HIL)
Howard Johnson
Canada (WYN)
Rank 2014: 7
Units: 8
Rooms: 901
Rank 2014: 8
Units: 8
Rooms: 694
Rank 2014: n/a
Units: 6
Rooms: 844
Rank 2014: 9
Units: 6
Rooms: 464
Rank 2014: 6
Units: 8
Rooms: 506