Americas Best Value Inn Adds 127 Hotels in 2011 to Surpass the 1,000 Mark
Americas Best Value Inn®, the 10th largest hotel brand in the world, enjoyed another year of impressive growth in 2011 with the addition of 127 properties to the system. Included in the total was ABVI's 1,000th hotel, an industry milestone that the brand proudly achieved in just 12 years.
Americas Best Value Inn®, the 10th largest hotel brand in the world, enjoyed another year of impressive growth in 2011 with the addition of 127 properties to the system. Included in the total was ABVI's 1,000th hotel, an industry milestone that the brand proudly achieved in just 12 years.
Americas Best Value Inn and Canadas Best Value Inn® added locations in 35 states and four provinces. Texas led the way with 15 new properties, followed by 11 in Missouri and 10 in California. All told, ABVI's and CBVI's 127 new inns, hotels and suites included conversions from such brands as Best Western®, Days Inn®, Microtel Inns & Suites®, La Quinta®, Ramada®, Quality Inn®, Crestwood Suites®, Howard Johnson® and Comfort Inn®, as well as dozens of independent properties.
The 1,000th hotel was an 80-room, former Best Western in Normal, IL.
"We are so thrilled to be named the 1,000th Americas Best Value Inn. It's a significant milestone for the company, so everyone at the hotel is extremely honored. We are very proud to be a part of the Vantage Hospitality family and look forward to a long relationship with them," said owner Sonny Punjabi.
A limited-service brand, ABVI operates under its Freestyle® brand model, which allows hotel owners to pay low, flat, monthly fees based on number of rooms – not a percentage of revenue as do other national hotel brands that typically charge fees that are three to five times higher than ABVI's. Owners also have short-term contracts, a voice and a vote in the direction of the brand, reasonable property improvement plans, and the one-of-a-kind 100% Return On Investment Promise.
"Throughout North America, hotel owners are continuing to embrace our innovative model that allows them to be in business for themselves, not by themselves. Vantage Hospitality is also growing and evolving by constantly adding more corporate support team personnel and further advancing technology and resources, such as our state-of-the-art Central Reservation System powered by Sabre. And we're continuing to expand our progressive, revenue-generating programs and comprehensive resources to help our hotel owners increase their return on investment potential, like our new $1, $2, $3 renovation program," said Roger Bloss, the Founder, President and CEO of Vantage Hospitality Group, which also includes the Chinas Best Value Inn®, Value Inn Worldwide®, Lexington Hotels® and Lexington Inns® brands.
About Vantage Hospitality Group, Inc.
Vantage Hospitality Group, Inc., has been recognized as one of the most progressive hotel companies in the history of the lodging industry. With over 1,200 properties worldwide, Vantage is the only hotel company to be ranked among the Inc. 500/5000 List of America's Fastest-Growing Private Companies for eight consecutive years. Supported by the resources of a franchise and the freedom of a membership organization, hotel owners around the globe have embraced Vantage's philosophy that puts control back in their hands, allowing them to be "In Business for Themselves, Not by Themselves." Vantage Hotels is among the top 10 hotel franchisors based on the number of hotels in its system. Whether a property is a member of Vantage's legacy brands, the award-winning Americas Best Value Inn brand (with its sister brands, Canadas Best Value Inn and Value Inn Worldwide) and the ground-breaking Lexington by Vantage, or of the Jameson Inn, Country Hearth Inn & Suites, or Signature Inn brands, all Vantage Hotels members enjoy the opportunity to maximize their revenue and asset value through Vantage's low fees and reasonable contract terms; flexible, straightforward agreements; A Voice and A Vote® in major brand initiatives; the most comprehensive resources, support and CRS in the industry; sensible PIPs, and a culture that is centered on educating, not mandating. Membership in Vantage brands in the United States is offered (as a franchise) through Vantage Franchising, Inc., and in Canada, through Vantage Franchising (Canada) Inc., wholly-owned subsidiaries of Vantage Hospitality Group, Inc. For more information, visit www.JoinVantageHotels.com.