Sunray Group

About Sunray Group

Sunray Group is a forward-thinking Canadian builder and developer founded in 2006. This agency is a family-owned, multifaceted corporation specializing in hospitality and development. The group is continuously building an ever-increasing portfolio of award-winning brands, which include prominent hotels. They have also developed distinguished brands such as Tim Horton's, McDonald's, Fionn MacCool’s, Shell and Petro Canada. Recently, they have tapped into the world of real estate further building on their extensive and impressive portfolio.

The firm currently owns and operates 53 hotels and employs over 7,500+ talented individuals across Ontario, Quebec and Newfoundland with many new developments in the works. They truly believe that the strength of brand equity is one of the keys to success.

This widely successful agency is led by Rattan ‘Ray’ Gupta – C.E.O. and Founder of Sunray Group. Ray has made a career out of conducting stringent market studies and finding under-utilized, well-located assets with opportunity potential. Ray is an individual who goes above and beyond the accepted standards of the industry and possesses keen business interpersonal skills that allow him to attract a well-driven experienced team. He is one of the key players in making this agency one of Canada’s fastest growing hospitality and development companies. He does this by working closely with some of the hotel industry’s top brands and professionals to identify and profit from often overlooked opportunities.

Ray says, “We were not purchasing hotels based on the current yield or profitability; these were properties operating at huge losses and with our strategic approach, we were able to turn them around, either by repositioning/rebranding them or by renovating.

When most tell us ‘it cannot be done’, we know we are on the right track.” As a further testament to his success, Ray was personally awarded the title of “Male Entrepreneur of the Year” by the Indo-Canadian Chamber of Commerce (ICCC) in 2017. Ray stands as the model example of a successful and dignified company CEO. He understands what it means to work hard and reap the benefits of doing so. As distinguished as his origins are, his goals and motivations are what truly elevate this company above the rest.

This agency prides itself on healthy relationships amongst everyone they encounter, whether it be clients, partners or employees. In fact, this group was awarded the Pinnacle “Regional Company of the Year” in 2016 and has built and maintained exceptional relationships with all the major brands in the hospitality industry such as Marriott, Hilton, Best Western, IHG and Choice.

Track Record, Vision & Craftsmanship

This company has made it their mission to provide investors with sustainable and above average returns. They have an incredible track record of continually growing revenues and realizing capital appreciation of property values. Their doctrine is to perform rigorous thorough research with market feasibility studies in order to narrow down investment opportunities and select properties based on a high standard of qualifications. The analysis includes market penetration, demographics, location, the opportunity for growth, brand strategies, cost analysis, and maximizing asset and land values. In every development opportunity, this unique and brightly intelligent team tailors a unique redevelopment plan that is sure to prosper. While pushing boundaries and thinking outside the industry's existing standards they know they will excel in everything they can get their hands on.

Every year, this team of distinguished professionals continues to prove themselves as one of the most prominent of their kind. They continue to climb the ranks of Hotelier Magazine’s Top 50 Hotel Companies. Climbing from #35 in 2015 to #27 in 2016, onto #22 in 2017. Today this company owns and manages 53 hotels across Canada with locations across Canada and USA. They have continued with their faultless growth strategy with the addition of 34 assets from 2014 to 2020. Doubling their assets within 6 short years – this company is a force to be reckoned with.

Sunray also owns and operates a portfolio of gas stations and multi-unit retail centers. In short, this means they specialize in the acquisition and disposition of petroleum and retail sites across Ontario. They currently have 20 sites under development and partner with major oil companies to redevelop and maximize density with the addition of a fast-food site that compliments the area. The group has worked with well-known brands including Shell, Petro Canada, Ultramar, Pioneer, McDonald's Canada and Tim Hortons.

As we mentioned before, this team is slowly making their way into the lucrative real estate industry which is a bold yet clever move. One of their recent real estate projects includes the Carriage Country Club, a resort-style townhome development within a stunning country club. Strategically located in the Horseshoe Valley resort area we anticipate this development to be another excellent asset under the company’s belt.

We expect this agency to continue building and further submerging into the real estate industry in the coming years. If we see more townhome developments and even condominiums within the near future from them, we will not be surprised. The company’s website already has a “residential” page currently under construction. If Sunray Group can continue the same drive, ambition and passion they put into their hospitality and retail developments, they will surely thrive in the real estate industry.

Tarion Warranty & Buyer Security

Pre-construction homes and condominiums developed by Sunray Group in Ontario are covered by the Tarion Warranty Corporation in accordance with the Ontario New Home Warranties Plan Act.

This provincial framework provides purchasers with mandatory deposit protection, a 1-year warranty on workmanship and materials, a 2-year warranty on building systems (mechanical, electrical, and plumbing), and up to 7 years of major structural defect coverage. Condominium buyers additionally benefit from Ontario's statutory 10-day cooling-off rescission period upon signing.