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InnVest Real Estate Investment Trust · Mississauga, ON Canada ·(Toronto: INN)

Company Description

5090 Explorer Dr. 7th Fl.
Mississauga, ON
L4W 4T9
Canada (Map)
Phone: +1-905-206-7100
Fax: +1-905-206-7114
Rankings
  • TSX Smallcap

InnVest has an inncredible grasp on Canada's hotel market. The real estate investment trust (REIT) owns some 145 hotels containing about 19,000 guest rooms -- the largest hotel portfolio in Canada. Its holdings consist of limited service and midscale full-service hotels; most operate under Choice Hotels International brands, including Comfort Inn, Quality Hotel, and Quality Suites. InnVest also owns some hotels under the Travelodge, Holiday Inn, and other names. The REIT owns a 50% interest in hotel franchiser Choice Hotels Canada. In addition to its hotel assets, InnVest owns office, retail and retirement home properties. More than three-quarters of the REIT's portfolio is held in Ontario and Quebec. To read the full description, subscribe now.

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Key InnVest Real Estate Investment Trust Financials

Company TypePublic - Toronto: INN

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$566.0
2008 Employees8,200

InnVest Real Estate Investment Trust Executives

8 executives listed for InnVest Real Estate Investment Trust's Mississauga, ON location.
TitleName & BioContact
ChairmanMajid MangaljiNetwork
President and CEOKenneth GibsonNetwork
CFO and SecretaryTamara LawsonNetwork

Competition

Competitive Landscape for InnVest Real Estate Investment Trust
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.
Top InnVest Real Estate Investment Trust Competitors
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