“Our firm was the Court-appointed Receiver and Manager of the condo strata hotel in downtown Toronto then known as The Suites at 1 King West. We first retained CK Atlantis to prepare a consultancy report outlining the various aspects of the hotel and food and beverage operations that required improvement, with recommendations that could be implemented.  We then retained CK Atlantis to act as our hospitality manager to run those operations, as we operated the business from our appointment until the business units were sold, some one and a half years later.

CK Atlantis was extremely knowledgeable in all aspects of the hospitality business.  Under their supervision, occupancy and rates were increased dramatically on a sustainable basis, as were profits from operations.  All of their activities passed the scrutiny of the Court, in what was an extremely contentious receivership file.  I highly recommend CK Atlantis.”

Ira Smith,
President, Ira Smith Trustee & Receiver Inc.

“As Chair of the One King West Condo/Hotel businesses I am very pleased that CK Atlantis was selected as our management company. It´s performance is impressive: the hotel is very successful in the competitive Toronto market;

What impressed me the most is Kosta Tomazos and his team’s ability to manage and satisfy different and sometimes conflicting interests in the building.

Their positive, co-operative and helpfull attitude makes it very productive to do business with. At the same time the business is run professionally and is fiancially sound;
I highly recommend CK Atlantis to anyone who is in the hospitality business.”

Johan Demeester,
Chair, Events at One King West Ltd.
(management entity at One King West Hotel)

“As President of a hotel condominium corporation, I needed expert advice on the analysis of the hotel’s financial viability and operations under the previous management in receivership with a view to the condominium corporation purchasing the hotel’s commercial assets.  I turned to CK Atlantis to assist in this complex assignment because of their particular expertise and experience in managing condominium hotels and indeed their expertise generally in the hospitality field.

Both Kosta Tomazos and Carmen Villarin were extremely helpful in analyzing and explaining the financial and operational aspects of the hotel, including the residential and food and beverage aspects and in drawing up the necessary pro formas and other tools necessary to make proper financial decisions on the acquisition.  I would certainly highly recommend CK Atlantis to companies in the hospitality field or considering the acquisition and management of hospitality assets.”

Gordon Jacobs,
President, Hotel Condominium Corporation,
(JW Marriott, The Rosseau Muskoka, Resort and Spa)

“When our condo corporation decided to acquire the hotel business in our building, we needed the support of a seasoned hotel operator who would support our vision and improve returns for our owners.  CK Atlantis had the experience and the skills to turn the operation around and restore profitability – all the while showing sensitivity for the unique ownership arrangement in our building. CK Atlantis has been more of a partner than a supplier, and we value our working relationship.”

Brian Smith,
President, TSCC 1703
(owners of One King West Hotel & Residence, Toronto)