First Canadian Management Corp. FCMC was founded in 1997 by Fayaz & Akbar Manji with the first hotel purchase occurring at that time. The foundation of the company is based on entrepreneurialism and growth, a trait instilled by the Manji parents who owned hospitality and restaurant operations in the 1960s & 70s in Kenya, East Africa. Since the founding of FCMC, various acquisitions have occurred across Canada of hotels and senior care facilities. Current properties are located in British Columbia, Alberta, Ontario, Quebec and Prince Edward Island.
In the hotel sector, we have a variety of independent hotels and branded hotels each uniquely tailored to fit a specific market and the demand within that market. Within the branded hotels, we have partnered with various brands including Doubletree by Hilton (coming soon in 2018), Ramada, Super 8, Days Inn, and Choice hotels. Non-branded hotels include resort and specialized hotels within a market geography.
Over the past 20 years, FCMC has managed various hotel and senior care operations in a sound and fiscally responsible manner with superior profitability for the ownership group. Our corporate success rests on several key aspects including: strong regional infrastructure, key understanding of branding, valued franchise relations, and significant sales and marketing programs in the context of solid hotel and senior care real estate asset management.
FCMC takes pride in its strong management team and continues to seek out prime acquisition opportunities across Canada.