Germain Hotels ranks among Canada's 50 Best Managed Companies for a 20th consecutive year
Montreal, May 10, 2022 – Germain Hotels continues to shine as one of Canada's 50 Best Managed Companies. The hotel group has been awarded this prestigious title for the twentieth consecutive year, a recognition not only of their management excellence in all facets of their operations, but also of their leadership, capacity for innovation, and resilience.
The co-presidents of the hotel group, Jean-Yves and Christiane Germain, welcome this coveted title with pride and gratitude. "Each nomination is an honour for us because we know that in business, nothing can be taken for granted. Being recognized for the twentieth time has a special meaning for us, as the industry has recently gone through a period of uncertainty and challenges. It confirms the soundness of our approach. It is a testament to our efforts to do hospitality differently, to set ourselves apart. We were also able to achieve this because we surround ourselves with strong partners and visionary investors on our team. Receiving this title once again gives us the necessary impetus to continue our growth and our quest for excellence," noted Jean-Yves Germain.
A collective success
Founded in 1988, Germain Hotels is a well-established family business in Canada. It brings together the expertise and know-how of three generations of the same family, the Germains. It has established itself as a leading hotel group renowned for its distinctive hospitality approach as well as for its attentive service. For more than 30 years, the company has experienced sustained growth, based on an innovative vision of the hotel industry and a desire to forge strong links with both its customers and the communities where each of its 18 properties is located.
"Being named one of the 50 Best Managed Companies warms our hearts. It reaffirms the relevance of our vision of course, but above all, it is a testament to our collective success; a success to which many people have contributed daily for 35 years. I am thinking of our employees, our partners, our guests, who are loyal to us and who give our company its raison d'être, as well as the communities where Germain Hotels are anchored. We share this honour with each of the people who make our company what it is: a major hotel group driven by values of boldness, innovation, respect and teamwork, a profoundly human company," noted Christiane Germain.
Canada's 50 Best Managed Companies program
Managed by Deloitte, Canada's Best Managed Companies program has been in existence for 29 years. Canada's Best Managed Companies program is the country's leading program recognizing excellence in Canadian-owned private companies.
Each year, hundreds of companies compete for the prestigious title through a rigorous application process. They are evaluated by an external panel of judges according to core business criteria in four areas: strategy, capabilities and innovation, culture and commitment, and governance and financials. The companies that make it into Canada's 50 Best Managed Companies are role models, examples to follow.
About Germain Hotels
Germain Hotels is a family-owned business founded in Quebec City in 1988. Owners and operators of a network of 18 properties across the country under the Le Germain, Alt and Escad banners, the company remains
the only truly Canadian hotel group to this day. A model of innovation and boldness, Germain Hotels is recognized for its unique hospitality philosophy and sense of aesthetics. With a national presence and desire to surround itself with local collaborators, Germain Hotels is an expert in the Canadian art of living.
Sources : Germain Hotels and Canada’s Best Managed Companies
Information
Camille Asselin,
Natoinal Public Relations
Germain Hôtels
casselin@germainhotels.com