Manga Hotel Group

What Manga Hotel Group does

Manga Hotel Group is a Canadian privately-held hospitality investment, development, and management company headquartered in Toronto (Etobicoke), Ontario, operating a diversified real estate platform across Canada and the United States. The company owns, develops, rebrands, and manages hotels primarily through franchise agreements with Hilton, Marriott, Hyatt, and InterContinental Hotels Group, alongside independent boutique properties operated directly (TOOR Hotel, SoHo 54 Hotel, The Chelsean New York, Atlantica Hotel Halifax, The Hollis Halifax). Its combined portfolio comprises 35 hotels with 6,600 rooms across Ontario, Nova Scotia, New Brunswick, Newfoundland, Alberta, Manitoba, and New York State, plus 7 high-rise residential rental developments with 4,000+ units (and 2,200 low-rise houses in the GTA pipeline), 18 food and beverage outlets (The Cannery Kitchen & Social, Muse Bistro + Bar, STMR.36, on-property restaurants), and 10 airport parking sites operated under the Altitude Parking brand.

The company's business model combines fee-light franchise economics on branded assets with direct operating economics on independent boutique and mixed-use properties (TOOR Hotel combines 232 hotel rooms with 179 residential rental units under one structure). Revenue is generated from hotel room nights, residential rents, food and beverage transactions, and airport parking fees, distributed via brand loyalty programs (Hilton Honors, Marriott Bonvoy, World of Hyatt), direct booking websites, third-party OTAs, direct residential leasing, and on-property F&B and parking outlets. Pricing is market-based and varies by property brand, tier, location, and season; specific rates are not publicly disclosed.

Founded in 1987 (some sources cite 1989) by Sukhdev Toor, the company is led by Sukhdev Toor as President and CEO with the Toor family holding senior leadership roles (Neelu Toor, Chief Strategy Officer and General Counsel; Gourvjit Toor, Director of Asset Development). The firm employs 2,600+ associates and operates without disclosed PE, institutional, or public-market backing. The Toor Family Foundation supports CAMH mental health programs and the ROM Global Sikh Art & Culture Gallery. Notable milestones include building Canada's first LEED-certified hotel and the first Hampton Inn in Canada, and a sustained awards record including Hilton's 2024 Americas Development Awards Multi-Brand Developer of the Year and the Pinnacle Awards 2025 Company of the Year.

Name

Manga Hotel Group

Legal name

Manga Hotel Group

Website

https://mangahotels.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Manga Hotel Group is a Canadian privately-held hospitality investment, development, and management company operating 35 hotels with 6,600 rooms across Canada and the US, plus 4,000+ residential rental units, 18 food and beverage outlets, and 10 airport parking sites under franchise brands Hilton, Marriott, Hyatt, and IHG.

Ownership category

akta.pro rank

Product category

Hospitality Management

NAICS

Hotels (except Casino Hotels) and Motels (72111), Accommodation (721), Rental and Leasing Services (532)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Business & Corporate Full-Service Hotels (THAGAAAE)

akta.pro secondary industries

Corporate Extended-Stay Hotels (THAGAEAA), Hospitality (Hotel) Property Management (BPAJAGAG), Resort & Branded Residence Vacation Rental Management (BPAJAIAE)

Keywords

• Hospitality investment management
• Hotel development operations
• Residential rental development
• Franchise hotel operations
• Airport parking services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Hotel Operations: Revenue from operating 35 hotels with 6,600 rooms across Canada and the United States. Hotels operate under brand franchise agreements (Hilton, Marriott, Hyatt, IHG) and as independent properties. Revenue includes room bookings, meeting/event space rentals, and ancillary services.
2. Residential Rental Operations: Revenue from 7 high-rise residential rental developments comprising over 4,000 units, plus 2,200 low-rise houses in the pipeline for the Greater Toronto Area. Additional residential projects include developments in Halifax (Dartmouth Towers) and Brampton.
3. Food and Beverage Operations: Revenue from 18 food and beverage outlets including Muse Bistro + Bar, The Cannery Kitchen & Social (multiple locations), Stable, Starbucks Toronto Airport, The 'Fax Bar, The Narrows Bistro, w xyz bar, and branded restaurant outlets at various hotel properties.
4. Airport Parking Operations: Revenue from 10 airport parking sites operating under the Altitude Parking brand, offering 24-hour shuttle service to nearby airports including Toronto Pearson, Buffalo, Halifax, and St. John's.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

Manga Hotel Group acquires, develops, invests in, and manages hotels and residential rental properties across Canada and the United States. The portfolio includes 35 hotels with 6,600 rooms operated under franchise agreements with Hilton, Marriott, Hyatt, and InterContinental Hotels Group, plus independent boutique properties. The company also operates 7 high-rise residential rental developments (4,000+ units), 18 food and beverage outlets, and 10 airport parking sites under the Altitude Parking brand.

Product overview

Manga Hotel Group is a Canadian hospitality investment, development, and management company operating a diversified portfolio of 35 hotels (6,600 rooms) and 7 high-rise residential rental developments (4,000+ units). The portfolio includes branded properties under Hilton, Marriott, Hyatt, and InterContinental Hotels Group franchises, as well as independent boutique hotels (TOOR Hotel, SoHo 54 Hotel, The Chelsean New York, Atlantica Hotel Halifax, The Hollis Halifax). The company also operates 18 food and beverage outlets under brands including The Cannery Kitchen & Social and Muse Bistro + Bar, plus 10 airport parking sites under Altitude Parking. This is a multi-brand, multi-property hospitality management platform rather than a single unified product.

Differentiator

Problem solved

Functional benefit

Brands

• Altitude Parking: Airport parking service with 10 locations offering 24-hour shuttle service to nearest airports.
• Toor Family Foundation

Products and services

• TOOR Hotel Independent boutique lifestyle hotel at 203 Jarvis Street, downtown Toronto, operating under the JdV by Hyatt brand with 232 guest rooms and suites plus 179 residential rental units, French-inspired bistro and bar (Muse), fitness centre, and event space.
• SoHo 54 Hotel Independent boutique hotel acquired in Manhattan with 160 guest rooms and suites, serving business and leisure travelers in the SoHo, Hudson Square and Tribeca neighbourhoods.
• The Chelsean New York Hotel Independent boutique hotel in Manhattan's Chelsea neighbourhood with 158 rooms across 22 storeys, featuring fitness centre, meeting room, and a ground-floor restaurant, located near Fifth Avenue and major Manhattan attractions.
• Atlantica Hotel Halifax Independent hotel with 238 rooms across 16 storeys and 12,000 square feet of meeting space, located in Halifax, Nova Scotia.
• The Hollis Halifax Independent all-suite boutique hotel with 120 rooms in Halifax's waterfront area, featuring waterfront dining at The Cannery Kitchen & Social.
• Marriott-Branded Hotel Portfolio Portfolio of hotels operated under Marriott International brands including Ottawa Marriott Hotel (489 rooms), Residence Inn Calgary Downtown (390 suites), Courtyard by Marriott Mississauga (144 rooms), Residence Inn Whitby (122 rooms), and Residence Inn Halifax Downtown (92 rooms).
• Hilton-Branded Hotel Portfolio Portfolio of hotels operated under Hilton Worldwide brands including DoubleTree Toronto Airport, DoubleTree Kingston, Hampton Inn & Suites Toronto Airport, Hilton Garden Inn Toronto Airport West, Home2 Suites Kingston, and multiple properties in Halifax, Calgary, and St. John's.
• Hyatt-Branded Hotel Portfolio Hotels operated under Hyatt brands including TOOR Hotel (JdV by Hyatt) and Hyatt Place Toronto Airport (196 rooms), with Hyatt Centric Toronto City Centre and Hyatt House developments in pipeline.
• IHG-Branded Hotel Portfolio Hotels operated under InterContinental Hotels Group brands including Crowne Plaza Toronto Airport (528 rooms), Holiday Inn Express & Suites Ottawa West (115 rooms), and Holiday Inn Express & Suites Halifax Airport (149 rooms).
• Residential Rental Portfolio Portfolio of 7 high-rise residential rental developments comprising over 4,000 units in urban centres including Toronto, Halifax (Dartmouth), and Brampton, plus 2,200 low-rise houses in pipeline for the Greater Toronto Area.
• The Cannery Kitchen & Social Restaurant brand with multiple locations across Canada offering contemporary fare and classic Canadian dishes in modern settings, serving hotel guests and local patrons.
• Muse Bistro + Bar Modern French-inspired bistro and bar located at TOOR Hotel in Toronto, set over two floors with terrace and event space, serving hotel guests and the public.
• Altitude Parking Airport parking brand operating 10 locations offering 24-hour shuttle service to nearby airports including Toronto Pearson, Buffalo, Halifax, and St. John's.

Quantifiable outcome

• 35 hotels with 6,600 rooms plus 1,250 rooms in pipeline
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Hilton WorldwidecoreChannel Partner/ Reseller/ DistributorMaster franchise partnership with Hilton for multiple hotel brands including DoubleTree by Hilton, Hampton Inn & Suites, Homewood Suites by Hilton, and Hilton Garden Inn. Manga Hotels operates Hilton-branded properties across Canada (Ottawa, Kingston, Toronto Airport, Halifax, St. John's) and US markets (Buffalo, Albany). The partnership includes awards such as 2024 Americas Development Awards Multi-Brand Developer of the Year and Dual-Brand Deal of the Year (Kingston).
• Marriott InternationalcoreChannel Partner/ Reseller/ DistributorFranchise partnership with Marriott for brands including Courtyard by Marriott, Fairfield Inn & Suites, Residence Inn by Marriott, and Delta Hotels by Marriott. Properties include Ottawa Marriott Hotel (489 rooms), Courtyard by Marriott Mississauga, Residence Inn Calgary Downtown (largest in the world), and others across Canada.
• Hyatt HotelscoreChannel Partner/ Reseller/ DistributorStrategic partnership with Hyatt for JdV by Hyatt brand (TOOR Hotel) and Hyatt Place. TOOR Hotel in downtown Toronto operates under JdV by Hyatt brand. Hyatt Centric Toronto City Centre Hotel & Residences opened in 2024. Pipeline includes Hyatt House Downtown Toronto and Hyatt House Toronto Airport.
• InterContinental Hotels Group (IHG)coreChannel Partner/ Reseller/ DistributorFranchise partnership with IHG for Crowne Plaza Toronto Airport (recently completed $20M renovation) and Holiday Inn Express & Suites properties. IHG recognized Sukhdev Toor as Canadian Developer of the Year.
• Centre for Addiction and Mental Health (CAMH)minorStrategic or Co-development PartnerThe Toor Family Foundation supports CAMH's NAVIGATE program providing comprehensive mental health care to young people. The program has expanded across ten sites in Ontario and CAMH is working with international teams to make it globally available. Foundation support helped create youth-focused learning and remote platforms.
• Royal Ontario Museum (ROM)minorStrategic or Co-development PartnerThe Toor Family Foundation champions the development of a Global Sikh Art & Culture Gallery and Program at ROM. The foundation will help construct a new gallery dedicated to Sikh art and culture, endow a curatorial position, build an important collection of Sikh art, and develop public engagement and education programs. ROM recognized the foundation with a Donor of Merit Award.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• New Castle Hotels & Resorts: US-based hospitality management and development company operating franchised and independent hotels across North America, sharing Manga's multi-brand franchise-and-developer model.
• Hospitality Hotels (HHI): Privately-held US hotel ownership and management group with a multi-brand franchise-and-independent portfolio, comparable in mid-scale franchised owner-operator model to Manga.
• Atlific Hotels: Canadian hotel owner, operator, and management company with a multi-brand portfolio across Canada, comparable in business model and geographic footprint to Manga.
• SilverHotel Group: Canadian privately-held hotel investment and management company operating franchised and independent properties across Canada, comparable to Manga as a domestic multi-brand owner-operator.
• Realstar Hospitality: Canadian privately-held hospitality and real estate company that develops, owns, and operates hotels (including franchise partnerships) alongside residential and senior living, mirroring Manga's diversified Canadian platform.
• InnVest Hotels: One of Canada's largest private hotel owner-operators with a multi-brand portfolio across Canada, directly comparable to Manga in scale, business model, and franchised/independent mix.

Broad incumbents

• Marriott International: Global hospitality franchisor and operator; a key Manga franchise partner (Ottawa Marriott, Residence Inn, Courtyard) and the benchmark owner-franchisor business model Manga operates under.
• Hilton Worldwide: Global hospitality franchisor and core Manga franchise partner (DoubleTree, Hampton Inn, Homewood Suites, Hilton Garden Inn, Waldorf Astoria) representing the dominant brand counterparty in Manga's portfolio.
• Hyatt Hotels Corporation: Global hospitality franchisor and operator; Manga franchise partner for TOOR Hotel (JdV by Hyatt), Hyatt Place, and Hyatt Centric Toronto — an owner-franchisor comparable relationship to other brand peers.

Emerging players

• Lark Hotels: US-based independent boutique hotel collection with a similar upscale-boutique positioning to Manga's TOOR Hotel and SoHo 54 / The Chelsean properties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/manga-hotels-inc-
• Instagraminstagram.com/mangahotels

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Manga Hotel Group