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The 2015 Who’S Who Market Almanac Lication Mail Product Sales Agreement #40063470 #40063470 Agreement Mail Product Sales Lication

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The 2015 Who’S Who Market Almanac Lication Mail Product Sales Agreement #40063470 #40063470 Agreement Mail Product Sales Lication THE MAGAZINE FOR HOTEL EXECUTIVES/OCTOBER~NOVEMBER 2015 $20 THE 2015 WHO’S WHO MARKET ALMANAC LICATION MAIL PRODUCT SALES AGREEMENT #40063470 #40063470 AGREEMENT MAIL PRODUCT SALES LICATION PLUS THE WHO OWNS WHAT? PULL-OUT POSTER A DETAILED CHART DELINEATING THE OWNERSHIP STRUCTURE OF CANADA’S HOTEL INDUSTRY CANADIAN PUB CANADIAN hoteliermagazine.com STAYING AGILE IS CRITICAL. FORTUNATELY, OPENING MORE THAN , NEW* HOTELS HAS KEPT US IN SHAPE. In the past six years, Hilton Worldwide has opened more than , new hotels around the world, bringing us to more than , hotels in countries today.* In Canada, we have hotels open from coast to coast with a growing pipeline of over signed projects. Impressive growth, made possible by our ability to adapt to the w o r l d ’ s i n c r e a s i n g l y c o m p l e x b u s i n e s s e n v i r o n m e n t s . A s a r e s u l t , w e ’ v e d e v e l o p e d a w e a l t h o f e x p e r i e n c e c r e a t i n g and operating the most award winning portfolio of hotels in the industry. Not a bad workout for a year old. For development opportunities in Canada, please contact Tom Lorenzo, Vice President and Managing Director of Development + , [email protected], andJeff Cury, Senior Director of Development + , [email protected]. STAY AHEAD hiltonworldwide.com *From January to January Hilton Worldwide Volume 27, Number 7 October~November 2015 Contents THE 2015 WHO’S WHO MARKET ALMANAC ISSUE Features HOTEL BRANDS 15 LISTINGS Scan to view 17 DIRECTORY our website OWNERS, DEVELOPERS AND FRANCHISORS 23 LISTINGS 30 DIRECTORY MANAGEMENT COMPANIES 35 LISTINGS 40 DIRECTORY SERVICES 42 ARCHITECTS & DESIGNERS 46 CERTIFIED VALUATION CONSULTANTS 48 CONSTRUCTION COMPANIES THE 2015 50 CONSULTANTS 52 HOTEL BROKERS WHO OWNS WHAT? 54 HOTEL LODGING REITS PULL-OUT POSTER 54 PURCHASING COMPANIES 54 SOURCES OF FUNDING Departments 2 EDITOR’S PAGE/MASTHEAD 3 CHECKING IN COVER: DREAMSTIME.COM hoteliermagazine.com OCTOBER/NOVEMBER 2015 HOTELIER 1 EDITOR’S PAGE ALL ABOUT THE NUMBERS s any hotelier knows, metrics are an important tool to measure success. Sure, the hotel industry is all about people, MITCH KOSTUCH FOUNDER whetherA we’re talking about hotel guests Feb. 11, 1931 – Oct. 23, 2014 or the associates who serve them. But at ROSANNA CAIRA | EDITOR & PUBLISHER the end of the day, the numbers matter [email protected] because usually they don’t lie — in fact, MARGARET MOORE | ART DIRECTOR they often tell the real story. That’s why [email protected] AMY BOSTOCK | MANAGING EDITOR when hoteliers get together, apart from [email protected] catching up on recent news in the indus- JACKIE SLOAT-SPENCER | ASSOCIATE EDITOR [email protected] try, they tend to ask each other a litany DANIELLE SCHALK | EDITORIAL ASSISTANT [email protected] of questions including ‘How’s occupancy?’ ‘How good is your average daily rate?’ and more importantly ‘What’s your DEREK RAE | MULTIMEDIA MANAGER [email protected] RevPAR?’ In an effort to measure the overall health of the industry, they MEGAN O’BRIEN | DIGITAL CONTENT MANAGER [email protected] might also talk about who’s buying what and the total investment value of COURTNEY JENKINS | GRAPHIC DESIGNER [email protected] the industry. Interestingly, many of those questions were discussed at last month’s PKF CHERYLL SAN JUAN | ACCOUNT MANAGER [email protected] Consulting/CBRE Hotels’ Outlook conference. Analysts from the recently MARIA FAMA VIECILI | ACCOUNT MANAGER [email protected] merged companies spoke of industry fundamentals, touching on the recent STEVE HARTSIAS | ACCOUNT MANAGER economic downturn in Western Canada, the declining dollar and its [email protected] WENDY GILCHRIST | SENIOR ACCOUNT MANAGER impact on tourism, as well as the overall health of the industry. [email protected] But, perhaps the bigger story is that rates are finally starting to increase. JIM KOSTUCH | DIRECTOR Despite a drop of eight per cent in RevPAR in Western Canada, the good [email protected] news is that the hotel industry saw ADR growth of four to six per cent in CIRCULATION | PUBLICATION PARTNERS [email protected] all markets. Overall, the hotel industry is strong. Occupancy is up in most (905) 509-3511 cities, new hotels are popping up everywhere and there’s a healthy interest DANIELA PRICOIU | ACCOUNTING MANAGER in acquisitions, with total transaction volume hitting almost $2 billion. [email protected] Over the past decade, one of the common themes heard at many of these information sessions is that hoteliers had been reluctant to raise rates for ADVISORY BOARD: fear of losing guests. In fact, in recent years, David Larone, senior manag- David McMillan, AXIS HOSPITALITY INTERNATIONAL; Bill Stone, CBRE; Anthony Cohen, CRESCENT HOTELS — ing director of PKF, has repeatedly urged hoteliers to raise their rates. His GLOBAL EDGE INVESTMENTS; Charles Suddaby, CUSHMAN & WAKEFIELD LTD. — HOSPITALITY persistence seems to have finally paid off. “We’re seeing some of the best & GAMING GROUP; Christiane Germain, GROUPE GERMAIN numbers ever, with national growth of five per cent,” said Larone at the HOSPITALITE; Ryan Murray, HARBOUR HOUSE HOTEL — NIAGARA’S FINEST INNS; Michael Haywood, THE HAYWOOD conference. “We haven’t seen these kinds of numbers since the 1980s.” GROUP; Lyle Hall, HLT ADVISORY; Drew Coles, INNVEST While the drop in oil prices and weaker growth has slowed expectations REIT; Scott Allison, MARRIOTT HOTELS CANADA; David Larone, PKF CONSULTING INC., A CBRE COMPANY; of business travel, the industry is expected to see recovery next year. An Geoffrey Allan, PROJECT CAPITAL MANAGEMENT HOTELS; Stephen Renard, RENARD INTERNATIONAL HOSPITALITY & influx of marketing dollars through Destination Canada should also help SEARCH CONSULTANTS; Anne Larcade, SEQUEL HOTELS increase U.S. travel to Canada. And, with the price of real estate continu- & RESORTS ing to grow in markets such as Vancouver and Toronto, strong occupancy, HOTELIER is published eight times a year by Kostuch Media and continuing strength in ADR, the experts predict a strong 2016, giving Ltd., 23 Lesmill Rd., Suite 101, Toronto, Ont., M3B 3P6, (416) 447-0888, Fax (416) 447-5333. All rights reserved. everyone in the hotel industry something to smile about. Subscription rates: Canada: $25 per year, single issue $4, U.S.A.: $30 per year; all other countries $40 per year. Canadian Once again, we’re happy to present the Who’s Who Market Almanac issue, Publication Mail Product Sales Agreement #40063470. Member featuring the hugely popular Who Owns What? poster. We hope it helps you of Canadian Circulations Audit Board, the American Business Media and Magazines Canada. We acknowledge the financial better understand the changing and complex hotel landscape. support of the Government of Canada through the Canadian Periodical Fund for our publishing activities. ROSANNA CAIRA Printed in Canada on recycled stock. Editor and Publisher [email protected] FOLLOW US: For daily news and announcements: @hoteliermag on Twitter and Hotelier magazine on Facebook 2 OCTOBER/NOVEMBER 2015 HOTELIER hoteliermagazine.com CTHE LATESTh INDUSTRY NEWSe FORc HOTEL EXECUTIVESk FROMin CANADA g AND AROUNDI nTHE WORLD SETTING THE SCENE Local community flair factors heavily into new brands entering the scene, which take inspiration from the surrounding area to inject personalized design and ameni- HERE WE GROW ties into each location. Guests staying Up-and-coming concepts merge key travel trends with unique, at the new Canopy by Hilton will be urban-inspired design and millennial-friendly amenities greeted with a locally inspired welcome BY AMY BOSTOCK, DANIELLE SCHALK AND JACKIE SLOAT-SPENCER gift and will be able to attend an evening tasting event with local beer, wine and ith competition for the consumer dollar intensifying, Canadian spirits. “In creating Canopy by Hilton, we developers are eager to tap into new concepts in the lifestyle, focused heavily on customer research boutique and mid-scale segments that cater to a value-focused, at every stage and the result is a brand W that redefines the lifestyle segment and experiential traveller. Canopy by Hilton is only one example of a new lifestyle brand that will feature free Wi-Fi as a staple to attract millennials. Hilton brings guests closer to the destinations and communities in which they travel,” Worldwide’s newest concept will begin popping up over the coming months says Gary Steffen, global head, Canopy in various urban centres and secondary markets such as Reykjavik, Iceland by Hilton. Best Western’s new boutique and downtown Nashville. Developing as a new-build or conversion project, concept, Vīb, will highlight custom-furni- Canopy by Hilton features an open lobby, relaxing public spaces and rooftop bar. ture pieces, local artwork and murals and Markham, Ont.-based Easton’s Group of Hotels has signed on to open the first grab-and-go stations where guests can Canadian unit of Canopy by Hilton as part of a residential project in downtown taste local flavours. Toronto, where it will occupy the first nine floors of a 52-storey condo develop- ment, slated to open in late 2019. DID YOU KNOW? Best Western’s new Vīb concept is also set to join the boutique segment. The According to research from the Journal development strategy for this concept, which is designed to combine value and of Travel & Tourism Marketing there is still style, is focused on major markets including Toronto, Vancouver and Montreal. uncertainty around definitions of boutique “Since the launch of Vīb we have had tremendous interest from hotel developers and lifestyle hotels. The report, “Emerg- and are especially pleased with the response from those who have not previously ing Definitions of Boutique and Lifestyle developed Best Western hotels,” says Ron Pohl, SVP of Brand Management.
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