Revenue by Segment

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Canadian Hotels and Resorts				1.93M	39.71M	36.78M	54.86M	50.41M
Canadian Hotels and Resorts Growth				-95.15%	7.95%	-32.96%	8.84%	4.80%
US Hotels and Resorts				130.20M	89.59M	54.70M	138.72M	131.88M
US Hotels and Resorts Growth				45.34%	63.77%	-60.57%	5.19%	85.96%
Development				1.57M	7.45M	37.88M	41.66M	46.72M
Development Growth				-78.93%	-80.32%	-9.07%	-10.84%	52.22%
Unallocated Adjustments for Commercial Property Sold				-	-	-	-	3.25M
Unallocated Adjustments for Commercial Property Sold Growth				-	-	-	-	13.91%
Total				133.70M	136.75M	129.36M	235.24M	232.26M
Total Growth				-2.23%	5.71%	-45.01%	1.29%	52.24%

Source: S&P Global Market Intelligence.