Americas Best Value Inn/Canadas Best Value Inn’s Growth Remains Strong with 21 New Hotels in Second Quarter
Properties added in 14 states & 2 provinces
The Canadas Best Value Inn brand added two locations – a 62-room former independent in Whitecourt, Alberta; and a 67-room former Ramada in Valemount, British Columbia. CBVI now totals 30 properties in seven provinces and territories throughout the country.
"Our new properties are coming in all shapes and sizes, including new builds and conversions. Our unique new construction program, which waives membership fees for the first year of operation and gives hotel owners the choice of using ABVI's prototype or their own design, continues to attract a lot of interest. Independent hoteliers are joining to enjoy our numerous innovative programs and comprehensive resources that help them drive revenue. And conversions from other chains remain high, reflecting ABVI's status as an affordable alternative to the legacy brands," said Roger Bloss, the Founder, President and CEO of Vantage Hospitality, which is the parent company of Americas Best Value Inn, Canadas Best Value Inn, Value Hotel Worldwide®, Value Inn Worldwide® and Lexington® by Vantage.
A limited-service brand, ABVI operates under 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."
The 2013 U.S. Hotel Franchise Fee Guide issued by HVS reflected that ABVI's fees represented the lowest of all major national economy brands reported.
About Americas Best Value Inn
Americas Best Value Inn (including Canadas Best Value Inn and Value Inn Worldwide) is a leader in the limited-service segment throughout North America and is the world's 10th largest hotel chain with over 1,000 hotels throughout North America. Members of the Americas Best Value Inn brand are eligible for expedited and streamlined SBA loan processing through the SBA's Franchise Registry Program, information about which may be found at www.franchiseregistry.com.
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.