Ranking validates company’s strong growth and expansion amongst multiple industries.
The Mary-am Group of Companies, a Canadian leader in the hospitality & consumer services industry, announced today that the company has been ranked No.28 on the 26th annual PROFIT 500 list.
Released in June on PROFITguide.com and published in the July issue of Canadian Business, the PROFIT 500 ranks Canada’s Fastest-Growing Companies by five-year revenue growth, and is the largest annual celebration of entrepreneurial achievement.
Between 2008 and 2013, Mary-am Group of Companies’ revenue grew by a remarkable 2,146%. This exponential growth is attributed to all of Mary-am Group of Companies’ divisions, which include Mary-am Suites, Mary-am Hotel, Mary-am Maids and Mary-am Travel. Permeation of different markets and primarily client loyalty were key factors leading to Mary-am Group of Companies securing a spot on this prestigious list.
“Mary-am has come a long way since our beginnings in 1999. To rank 28th out of a million businesses in Canada is a great honour,” said Raymond Zar, Chief Executive Officer of Mary-am Group of Companies. “Today’s announcement would not have been possible without the hard work and dedication of our talented team.”
“The members of the PROFIT 500 are the elite of the country’s entrepreneurial community,” says James Cowan, Editor-in-Chief of Canadian Business and PROFIT. “Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity.”
In addition to being one of Canada’s fastest-growing companies, Mary-am Group of Companies has also demonstrated a commitment to innovation and continuous improvement. Introduced in January 2014, Mary-am Rewards is the first rewards program in the furnished apartment & corporate housing industry.
This news comes as Mary-am Suites continues to dramatically expand its portfolio of properties, moving it closer to becoming Canada’s leader in executive class furnished apartments. Another development is the recently completed modernization and renovation of the Mary-am Hotel in North York, further elevating its reputation as a premier boutique hotel for both business and leisure travellers.
To support the exponential growth of the company, Mary-am Group of Companies has continued to expand their workforce, recruiting talented individuals to help drive the company forward and create exceptional customer experience. The Mary-am Group of companies emphasizes the use of green business practices throughout the organization and maximizes the use of technology in all its business efforts.
About Mary-am Group of Companies
Known as the company that “Never Stops Improving” – the Mary-am Group is the 28th Fastest-Growing Company in Canada. The Group is involved in the hospitality, travel, consumer services, and real estate development industries. Key divisions include: Mary-am Suites Canada, Mary-am Hotels, Mary-am Maids and Mary-am Travel. Based in Toronto and expanding throughout the country, the Mary-am Group delivers superior quality, comfort and convenience to customers. For over 15 years, Mary-am has continued to expand its reach through its involvement in multiple industries, membership in trade organizations and devotion to offering legendary customer service. For more information, visit MaryamGroup.com.
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.