Toronto, ON – March 8, 2018 – Genesis Hospitality Management was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2018 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
Now in its 25th year, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
Genesis Hospitality Management continues to expand their portfolio into the Western Canada region and now offer Property Management Services. The company’s culture, value and mission are to provide their clients and employees with high quality standards in their rooms and food & beverage divisions while providing a fair return on investment for their owners with well trained and motivated employees. Their history of success allows them to consistently deliver operational results, revenue maximization and above industry average returns while maintaining customer guest satisfaction scores.
“Best Managed Platinum winners have exceptional insights and knowledge into business management practices. They are an inspiration and really take their game to a new level,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2018 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.
“We are proud and honoured of our achievement as a member of Canada’s Best Managed Companies. This is a prestigious award and we are thrilled to display and showcase it at each of our properties with pride.” said Kevin Swark, Executive President, Genesis Hospitality Management
“Being amongst the best in class requires more than financial performance,” said Lorrie King, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “Achieving sustained growth and strong overall business performance is the result of the combined efforts and commitment of the entire organization.”
2018 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 11, 2018. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About Genesis Hospitality Management
Founded and based in Brandon, Manitoba, Genesis Hospitality Management is a privately owned company that owns and operates hotels across Western Canada. Their executive team has years of experience in directing and overseeing the operation of hotels ranging from full service hotels, limited service properties and conference centres and are experienced in operating franchised and independent properties. Their team offers a full complement of management services to provide maximum support and achieve revenue growth.