Magnuson Hotels reports 25% growth in branded properties
Parent company Magnuson Worldwide credits the rapid addition of new hotels to expanded consumer brand recognition and increased booking volumes from its proprietary worldwide reservation system and free global distribution platform Global Hotel Exchange.
Magnuson Worldwide CEO Thomas Magnuson states, "The data we monitor indicates a world of slow-to little growth, with 2013 showing a 2% global average rate increase offset by a 1.5% inflation rate. While hotel owners can't rely on growth anymore through increased rates or demand, they can find profits inside via a new era of low cost operating platforms."
About Magnuson Hotels
Headquartered in London UK and Spokane WA, Magnuson Hotels is a top 10 global chain and markets over 1000 hotels across six countries and three continents.
Founded in 2003, Magnuson has become the fastest growing hotel brand in history, adding more new hotels in the last 10 years than 8 of the top 10 chains combined.
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