Canad Inns Explained

Canad Corporation of Manitoba Ltd.
Type:Private
Traded As:Canad Inns
Foundation:1980s in Winnipeg, Manitoba
Locations:11
Industry:Hospitality
Key People:Leo Ledohowski (president)
Num Employees:3,500

Canad Corporation of Manitoba Ltd. is a Winnipeg-based hospitality company. It owns or operates ten hotels in Canada and one in the United States, with all but one of its properties (a Radisson hotel in downtown Winnipeg) operating under the Canad Inns Destination Centre branding.

Alongside its hotels, it also operates a number of restaurant, tavern, and event venues—most of which co-located as part of Canad Inns locations.

Company overview

Canad Inns operates a total of 10 properties in the province and one in the US. [1] Canad Inns also operates restaurants, pubs, night clubs, water parks, and first class banquet and conference facilities within its hotel complexes, which are branded as "destination centres."

Several of Canad Inns destination centres are located adjacent to larger venues. Canad Inns Brandon is located adjacent to the Keystone Centre, one location is attached to Winnipeg's Club Regent Casino, while the Grand Forks, North Dakota location is connected to the Alerus Center. In 2013, Canad Inns opened a $40 million location at Winnipeg's Health Sciences Centre.[2]

The company also owns the historic Metropolitan Theatre building in downtown Winnipeg and has converted it into a multi-purpose entertainment and banquet facility.

The chain employs more than 3,500 people and is the 14th largest hotel chain in Canada and the largest in Manitoba.[3] [4]

In 2000, Canad Inns was named one of "Canada's 50 Best Managed Companies."[5] In 2009 and 2010, Canad Inns was named one of Manitoba's Top 25 Employers as published by the Winnipeg Free Press.[6]

Sponsorships

In 2001, the company purchased the naming rights to Winnipeg Stadium, home of the Winnipeg Blue Bombers of the Canadian Football League, after which the stadium became known as Canad Inns Stadium. The stadium was demolished in 2013.

Litigation

In 2007, Lake Louise Limited Partnership filed suit alleging that Canad inflated management fees owed to it for operating Club Regent Casino Hotel and Canad Inns Brandon by including every dollar deposited in video lottery terminals (VLTs) as gross revenue.[7]

In November 2014, the receiver for the failed Crocus Investment Fund petitioned a court to dissolve and liquidate the parent company of Canad Inns, alleging Canad Corporation assets to have been wrongfully diverted for company president Leo Ledohowski's benefit.[8] In November 2019, the court-appointed receiver Deloitte reached an agreement to resolve the lawsuit, under which Canad agreed to pay $4 million—accounting for most of the fund's original investment.[9]

In December 2014, the company was also sued by former chief operating officer Antonio Ventresca and his wife for wrongful dismissal, alleging that Ledohowski sexually harassed her while the pair were working for the company, and that it "engaged in a course of reprisal" after she refused Ledohowski's advances over a year-long period—leading to their firing.[10]

Properties

Hotels

Other ventures

External links

Notes and References

  1. Web site: Stay. Canad Inns. 24 January 2013.
  2. Web site: Ltd . Kostuch Media . 2013-03-18 . Canad Inns Opens at Winnipeg Health Sciences Centre . 2024-05-27 . Hotelier Magazine . en-US.
  3. Web site: Careers. Canad Inns. 24 January 2013.
  4. Web site: Canada Inns. 24 January 2013. https://web.archive.org/web/20160304030018/http://www.economicdevelopmentwinnipeg.com/uploads/document_file/canad_inns_corporation_company_profile.pdf. 4 March 2016. dead. dmy-all.
  5. https://www.canadas50best.com/en/meetourwinners/Pages/2000winners.aspx 50 best Managed Companies in 2000
  6. http://www.eluta.ca/top-employer-canad-inns Canad Inns - Top Employer
  7. Web site: Canad Inns forced to pay back management fees CBC News.
  8. Web site: Crocus asks court to sell off Canad Inns assets CBC News.
  9. Web site: 2020-02-03 . Canad Inns pays back $4M to Crocus Fund, ending decade-long dispute with receiver . 2024-05-26 . CBC News.
  10. Web site: 2014-12-08 . Lawsuit accuses Canad Inns owner Leo Ledohowski of sexual harassment . 2024-05-26 . CBC News.
  11. Web site: Radisson By Canad Inns . dead . https://web.archive.org/web/20100210054119/http://www.canadinns.com/stay/radisson.php . 2010-02-10 . 2010-02-27.
  12. News: Hotel at Health Sciences Centre opens. 29 April 2013. Winnipeg Free Press. 29 April 2013.
  13. Web site: Eat. Canad Inns. 24 January 2013.
  14. Web site: . 2012-03-02 . Mar 2012: Millions to aid True North . 2024-03-09 . Winnipeg Free Press . en-US.
  15. Web site: manitobanightlife.com. Canad Inns. 24 January 2013. https://web.archive.org/web/20121230111349/http://www.canadinns.com/meet/canadashottestclubs.php. 30 December 2012. dead. dmy-all.