OUR PEOPLE

TERRY ROYER Executive Chairman In 1974 Terry co-founded Royco Hotels; one of North America’s leading hotel management and franchising companies. With more than 35 years of experience in the hotel business Terry has a well-deserved reputation as a leader and innovator within the industry.   Over the years Royco under his leadership has developed and operated numerous properties ranging from Limited Service to 5-Star Resorts, including the Banff Rocky Mountain Resort and the Grand Okanogan Resort in Kelowna.   During the mid 1990's, Royco worked with other groups who acquired Forte Hotels (U.S. subsidiary of Forte PLC) and as Chief Operating Officer of the resulting Chartwell Leisure with over 100 properties Terry delivered very significant gains to the shareholders quickly. This has been the hallmark of Royco. Terry was co-founder of the Canadian Institute of Tourism (Conference Board of Canada) and has served on various for profit and not for profit Boards in many case as Chairman.  He currently serves on the Board, Executive Committee and is the Independent Lead Director of Corus Entertainment (TSX listed as CJRB and NYSE as CJR) and is Chairman Emeritus of the University of Lethbridge. Terry holds the professional designation (ICD.D) from the Institute of Corporate Directors; was awarded the Queen’s Jubilee Medal for Service to the Citizens of Canada and the Centennial Medal for Citizenship by the province of Alberta. Terry holds a BASc (Economics) from University of Lethbridge, an MBA from the Ivey school of Business and an LLD from the University of Lethbridge.

GREG ROYER President With more than 30 years experience as an owner, operator and Executive (including CEO and COO) in the hotel and hospitality industry, Greg has been one of the key drivers in Royco’s success. Greg managed his first full service hotel in 1973 at the age of 21. In 1975 Greg joined Terry Royer in the opening of their first hotel in Red Deer, Alberta and together over the next 31 years  built and operated hotels from Vancouver B.C. to Montreal, Quebec as well as operated hotels throughout North America and Mexico. Greg has constantly demonstrated his ability to build strong motivated working teams with proven capability to not only operate various styles of hotels, from Super 8 to Hilton, from roadside hotels to five star luxury resorts, but also to operate all of those hotels at the highest level of the franchisors' standards.    Greg was also intricately involved with the establishment of one of Canada's largest vacation and timeshare companies, again playing a key role in the Canadian Resort Community, and creating strong working relationships with both RCI and Interval International, two of the largest players in the Timeshare industry. Throughout the years Greg has held numerous executive positions in the hospitality business, including co-founder and Chief Operations Officer of a national hotel chain, and President of Travelodge Canada Corp. He has served on a number of hotel, timeshare and franchise boards, including Travelodge International Marketing and Calgary Tourism and Convention Bureaus.