CHIP Hospitality is one of Canada's leading hotel and resort management companies. We employ approximately 5,000 hotel employees who service more than 8,000 rooms and almost 50 food and beverage operations. CHIP Hospitality is the exclusive management company of our parent company CHIP REIT (Canadian Hotel Income Properties Real Estate Investment Trust), and also manages properties for third party owners and investors, some of which may include financing or investment. The company has significantly outperformed the Canadian Hotel Industry in RevPAR growth providing relatively strong and steady returns to our owners and investors.