Magnuson Hotels leaps into top 10 global chain rankings at #9
Magnuson Hotels, the world’s largest independent hotel group, announced today that record-breaking growth in new hotel affiliations 2009 year-to-date have advanced the chain to the #9 rank within the top 10 global brands by number of properties.
In contrast to traditional franchise hotel chains that are supported by a percentage of gross sales earned by individual hotel owners, Magnuson Hotels differentiates itself with a lower cost, performance-based structure for the independent hotel owner, who in turn passes along the savings to hotel guests.
Key to Magnuson Hotels’ growth has been a 36% year-to-date increase in reservation revenue for more than 1,000 affiliates in the face of 26-year high U.S. unemployment rate and record increased room inventory due to the largest hotel construction pipeline in history.
With current entrance into international arenas and continued North American growth, the company estimates doubling in size within the next year.
About Magnuson Hotels, the fastest growing hotel chain in history | In only six years, Magnuson Hotels headquartered in Spokane, WA, has become the world’s largest independent hotel group, as well as the fastest growing hotel chain in history. With a current affiliate base representing aggregate assets in excess of $4.5 billion, Magnuson Hotels has added more affiliate hotels with its low-cost franchise alternative than 8 out of the top 10 branded hotel chains combined.
Magnuson Hotels was recently ranked number 914 on Inc. Magazine’s 2008 annual ranking of the 5,000 fastest-growing privately owned US companies. With a three year sales growth of 395%, Magnuson Hotels also ranked number 92 in the top 100 US business services companies. Magnuson Hotels joins past honorees including Microsoft, Oracle, Timberland, Morningstar, Jamba Juice, and Domino’s Pizza.
In addition to providing low-cost access to the world’s largest reservation system, Magnuson Hotels offers complete brand representation in all markets and market segments without the costs & requirements of franchise brand affiliation.
Phone: (509) 747-8713