Magnuson Hotels Sees 18% Revenue Increase YTD
London UK/Spokane WA -- Magnuson Hotels, America's fastest growing hotel brand, today announced an 18% reservation revenue increase this year to date, over 2015.
While much of the world growth is holding below 3%, factors driving the performance increase are: a significant increase in corporate bookings over the Magnuson system and expanded consumer brand recognition for Magnuson's 100 branded hotels.
Notable new branded hotels include:
- New-build Magnuson Hotel Odessa
- Former Hampton Inn Magnuson Hotel Bourbonnais
- Magnuson Grand Memphis Airport
- Days Inn conversion Magnuson Hotel East Sandusky
Magnuson Hotels affiliates in 2016 once again grew year-over-year RevPAR by more than the average growth rate of 3%. RevPAR at urban hotels rose by a spectacular 127%. Small Metro hotels increased RevPAR by 23%. Carson City, NV (+123%) and Kimball Terrace, ME (+62%) led the way. Suburban hotels grew RevPAR by 22%. Modesto, CA (+230%) was particularly strong.
Since its launch 13 years ago, Magnuson Hotels has become America's fastest growing hotel brand and a top 10 global chain, marketing 1000 hotels across six countries and three continents. The company has seen a compound annual growth rate since 2003 of 137%.
For more information:
Visit magnusonworldwide.com or email [email protected]
Magnuson Hotel
Midscale hotels & resorts. Because of our simple standards, low fees and owner freedom, Magnuson Hotels is
the number one conversion brand in the market. Over 400 Best Westerns, 250 Wyndhams and 200 Choice
franchises have switched to Magnuson.Magnuson Grand
Upper midscale hotels & resorts. Because of our simple standards, low fees and owner freedom, Magnuson
Hotels is the number one conversion brand in the market. Over 400 Best Westerns, 250 Wyndhams and 200
Choice franchises have switched to Magnuson.M-Star Hotel
Upper economy hotels & resorts. Because of our simple standards, low fees and owner freedom, Magnuson
Hotels is the number one conversion brand in the market. Over 400 Best Westerns, 250 Wyndhams and 200
Choice franchises have switched to Magnuson.
About Magnuson Hotels
Magnuson Hotels, headquartered in London UK and Spokane WA ranks as a top global chain with over 65,000 hotels and 700 airlines on its worldwide booking platform www.magnusonhotels.com.
Founded in 2003, Magnuson Hotels gives independently minded hotel owners a way to achieve global brand support at a fraction of the cost of traditional franchise chains.
In 2019, the company outperformed the USA STR RevPAR by 10X.
For more information visit magnusonhotels.com or email [email protected]
US +1 509 747 8713 UK +44 20 3051 2724