Industry Update
Press Release22 September 2016

Magnuson Hotels Sees 18% Revenue Increase YTD

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Magnuson Worldwide

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.

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The company also reports a 19.11% increase in ADR (average daily rate) for reservations generated in 2016 vs. 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:

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]

Related Brands

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.
brand information

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.
brand information

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.
brand information
Other Brands by Magnuson
M-Star Hotel
Magnuson Grand
Magnuson Hotel

About Magnuson Worldwide:

Since its launch sixteen years ago, Magnuson Worldwide has become America's fastest growing hotel brand and a top 15 global chain, marketing over 1,000 hotels across six countries and three continents. Magnuson Worlwide's newly formed distribution partnership with Chinese operator Jin Jiang Hotels and Europe's Louvre Hotels is the world's largest hotel alliance, forming a consortium of over 8,000 hotels and 800,000 rooms worldwide, equal to the size of a top 2 global hotel chain.

For more information, visit magnusonworldwide.com or email [email protected]

Contact
Rhiannon
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