Americas Best Value Inn Maintains Growth with 18 New Hotels in First Quarter
Americas Best Value Inn®kicked off the year with the addition of 18 new properties during the first quarter of 2014. Throughout North America, hotel owners continue to embrace ABVI's innovative model that provides the best value and most reliable return on investment in brand affiliation.
160-room property in Corpus Christi. Among the other additions are a 113-room inn in Wilmington, NC; a 93-room location in Hammond, LA; and properties in tourist destinations such as Augusta, GA and Ozark, AR, which is on the southern edge of the Ozark Mountains.
ABVI's 18 new inns, hotels and suites totaled 1,162 rooms and included conversions from BestWestern®, Days Inn® and Travelodge®, reflecting ABVI's continuing status as a very viable alternative to the legacy brands.
A limited-service brand, ABVI operatesunder Vantage Hospitality's unique Freestyle® brand affiliation, which allows hotel owners to pay low, flat, monthly fees based on number of rooms – not a percentage of revenue as do traditional hotel brands that typically charge fees that are three to five times higher than ABVI's. Owners also have short-term agreements, 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."
"Hotel owners continue to realize the value in our Freestyle model, which includes numerous innovativeprograms and comprehensive resources that help them drive revenue, including the Vantage Competitive Intelligence Program and Vantage Academy. We're also always further advancing technology to help our hotel owners succeed," said Roger Bloss, the Founder, President and CEO of Vantage Hospitality Group, the eighth largest hotel company worldwide and parent company of Americas Best Value Inn, Canadas Best Value Inn®, Value Hotel Worldwide®, Value Inn Worldwide® and Lexington by Vantage℠.
The 2013 U.S. Hotel Franchise Fee Guide issued by HVS reported that ABVI's fees represented thelowest of all major national economy brands surveyed.
About Vantage Hospitality Group, Inc.
Vantage Hospitality Group, Inc., has been recognized as one of the most progressive hotel companies in thehistory 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.