Hotelbeds, the world's leading bedbank, announces today a new strategic agreement with Magnuson Hotels, the fast growing global franchise alternative brand. This agreement provides Magnuson Hotels with access to Hotelbeds' high-value distribution network of more than 60,000 travel trade buyers including tour operators, retail travel agents, airlines and loyalty programs across more than 140 source markets worldwide.
San Francisco based hotel development & management company Stay Cal Hospitality has selected fast growing franchise alternative Magnuson Hotels to market and represent the Stone Villa Inn, San Mateo as a "By Magnuson Hotels" property.
M&R Hotel Management, a top US management company with operations across 5 states, has selected Magnuson Hotels, the fast-growing franchise alternative, to rebrand its 285 room Magnuson Grand & Conference Center Somerset-Bridgewater located in New Jersey.
Magnuson Hotels, the fast-growing franchise alternative, released its Q2 key performance indicators today, showing the company outperforming the USA hotel market by nearly 3 times in RevPAR (revenue per available room) trends.
Magnuson Hotels, the fast-growing franchise alternative, and STR, the global leader in hotel performance benchmarking, today announced the successful integration of an automated global data exchange that allows hoteliers to receive daily local-market benchmarking.
Magnuson Hotels, the fast-growing franchise alternative today reported its April occupancy (percentage of rooms sold in a hotel) surpassed the USA April average of 24.63% by 16.7%, as measured by STR (Smith Travel Research).
The company reports that because its portfolio is widely dispersed across USA secondary, tertiary, rural and highway markets, many areas have been less impacted than primary markets dependent upon leisure, corporate and international.