North Carolina owner adds 6th hotel to Magnuson Independent Collection
London UK/Spokane WA - Magnuson Hotels has announced the opening of Studios & Suites 4 Less Charlotte, the latest addition to the Magnuson Independent Collection portfolio.
Studios & Suites 4 Less Charlotte is located near Charlotte Douglas International Airport and provides easy access to The Billy Graham Library, the NASCAR Hall of Fame, and the Levine Museum of the New South. Additionally, being at the interchange of I-85 and Billy Graham Parkway, the hotel is well-positioned for business travelers and features free high-speed Wi-Fi, flat screen TVs, and free parking.
The hotel is the sixth hotel added to the Magnuson Hotels Independent Collection by owner Ray Patel of Charlotte.
When Ray Patel called us in 2005, he wanted to build his own brand called Studios & Suites 4 Less, and that is exactly what Ray did, states company CEO Thomas Magnuson. Magnuson Hotels provides the technology, distribution, and marketing, while Ray’s team manages the Studios & Suites 4 Less brand and operations.
Ray Patel comments on the business relationship by saying
We appreciate our partnership with Magnuson Hotels, which is now entering its 17th year of consecutive increases. It is a pleasure and privilege to continually add new properties in our home market of Charlotte, North Carolina.
The hotel looks to draw a 52-week non-seasonal business base from the regional banking, finance, software, and biotech sectors. Charlotte is also home to the Research Triangle Park (RTP), a globally prominent research center home to over 170 companies and federal agencies, and the largest and oldest continuously operating research and science park in the United States.
The Magnuson Hotels Independent Collection has now seen an average growth of 29.8% per year over the past 5 years, compared to the USA STR average of 1.7%.
About Magnuson Hotels
Magnuson Hotels has championed the cause of fair franchising for hotel owners since its inception in 2003, helping over 2000 hotels in the USA and UK succeed against some of the biggest brands in the hospitality industry. The group offers affiliation with brands that do not require mandatory renovations and procurements, long-term contracts, or excessive commissions, as well as representation as part of Magnuson Independent Group. The Magnuson Hotels platform achieves a non-seasonal 52-week occupancy strategy with comprehensive human support and an OTA-alternative distribution.