BNET Industries

Northampton Group Inc.

NHG is in the Travel Industry

Last Fiscal Year Sales:$33.1M
  • Public
  • CA
Dow Jones Description

Northampton Group Inc. is an innovative Canadian hotelier with interests in more than 2,200 rooms in 17 hotels. A classic owner-manager, Northampton always manages the hotels in which it takes an ownership share. Focused on creating the best return for all stakeholders, Northampton's proven, market-sensitive strategy is to acquire or build hotels that provide superior overnight accommodation in the mid-price market. Northampton has demonstrated that it excels in this sector, offering services that exceed expectations while still posting industry-leading margins. Northampton won Hotelier Magazine's Top Growth award for fiscal 2003 and 2004, and its hotels consistently win franchisor and local business awards.

Chief Executive Officer
Vinod N. Patel
Number of Employees 400
Contact Information

2601 Matheson Blvd E Ste 212

Mississauga, Ontario L4W 5A8

www.nhgi.com

(905) 629-9992

NAICS Code Hotels (except Casino Hotels) and Motels: 721110

Recent Events

  • Northampton earns $277,875 in Q2 2009

    11/20/09 - Financial Announcement - View Story

  • Northampton Group loses 1.4 cents per share in Q1

    8/28/09 - Financial Announcement - View Story

  • Northampton Group full-year earning drops 55 per cent

    7/24/09 - Financial Announcement - View Story

News & Analysis

northampton group inc. - All News and Analysis

  • Northampton Posts Fiscal 2009 Results

    - 2009-07-24

    Northampton Group Inc. (TSX VENTURE: NHG)(TSX VENTURE: NHG.DB), an integrated Canadian hotelier, today reported its results for fiscal 2009. Consolidated revenues for the year dropped 3.3% to $29.90 million from $30.92 million in fiscal 2008. Decreases in occupancy and average daily rates ADRs resulted in lower revenue per...

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  • Northampton Six-Month Sales Essentially Flat

    - 2008-11-21

    Northampton Group Inc. (TSX VENTURE: NHG)(TSX VENTURE: NHG.DB), an integrated Canadian hotelier, today reported its results for fiscal 2009's second quarter and six months ended September 30, 2008. The second quarter showed a quarter-over-quarter sales decline of 0.8%; the six-month period also saw a 0.8% sales decrease, as slight improvements...

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  • Northampton Q1 2009 Revenues Flat

    - 2008-08-26

    Northampton Group Inc. (TSX VENTURE: NHG)(TSX VENTURE: NHG.DB), an integrated Canadian hotelier, today reported its financial results for the first quarter of fiscal 2009, ended June 30, 2008. While system-wide revenues rose slightly to $15.36 million from $15.26 million in the same quarter of the previous year, consolidated revenues dropped...

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  • Northampton Fourth Quarter System Revenues Up

    - 2008-07-24

    Northampton Group Inc. (TSX VENTURE: NHG)(TSX VENTURE: NHG.DB), an integrated Canadian hotelier, today reported its results for fiscal 2008. While system-wide revenues rose slightly to $55.73 million from $55.52 million, consolidated revenues dropped 0.9% to $33.76 million from $34.06 million for fiscal 2007. Slight improvements in average occupancy rates and...

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  • aloft Montreal Airport Opens, Making Global Lifestyle Debut

    - 2008-06-05

    live life aloft MONTREAL -- aloha! Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and its much-anticipated new lifestyle brand, aloftsm hotels, today announces the opening of aloft Montreal Airport, the first aloft to open anywhere in the world. Developed and owned by the joint venture between Silver Hotel Group...

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Decision Makers

Name (plus bio) Position
Vinod N. Patel Chief Executive Officer
Narendra C. Patel CFO & Vice President

Board of Directors

Name (plus bio) Position
Edwin Cohen Board of Directors
Kantu R. Patel Board of Directors
Nagin Patel Board of Directors
Robert D. Preston Board of Directors
W. Keith Gray Board of Directors
Walter A. Keyser Board of Directors

Vinod Patel has been President and Chief Executive Officer of the Northampton Group since its creation, as well as serving as Chairman of the Board. He has also been the President and General Manager of Shihasi Investment Corporation, a family-owned financial management company and a major investor in Northampton. Mr. Patel holds a B.Comm. from the University of Cincinnati, and sits on the boards of several industry organizations Under his leadership, Northampton has grown its portfolio from one hotel to 17, with system sales over $50 million.

Organization Position Status
Northampton Group Inc. Chief Executive Officer Current
Northampton Group Inc. President Current
Northampton Group Inc. Board of Directors Current

Organization Position Status
Northampton Group Inc. CFO & Vice President Current
Northampton Group Inc. Board of Directors Current

Organization Position Status
Northampton Group Inc. Board of Directors Current

Organization Position Status
Northampton Group Inc. Board of Directors Current

Organization Position Status
Northampton Group Inc. Board of Directors Current

Organization Position Status
Northampton Group Inc. Board of Directors Current

Organization Position Status
Northampton Group Inc. Board of Directors Current

Organization Position Status
Northampton Group Inc. Board of Directors Current