The Banking Crisis That Was and What Hotel Owners Need To Know

Thomas Magnuson on how banking crisis affect Hotel owners.

This article was originally published in Hotel News Now by CoStar Group on April 5th 2023 and has been republished with permission. The rapid collapse of Silicon Valley Bank in the U.S. and the subsequent Credit Suisse bailout has led to creeping fears of a recession and concerns among businesses of all sizes about their financial future. More […]

Independent hotels have largely shed ‘inferiority complex’

Exterior facade of Dodge Peak Lodge, a part of Magnuson Hotels Independent Collection, in Bonners Ferry Idaho.

This article was originally published in Hotel News Now on April 5th 2023 and has been republished with permission. Between the 1950s and the year 2000, hotel owners wishing to expand business beyond their local community had two options. The first was to franchise and rename their hotel with a publicly traded brand. This entailed strict […]

A year-end message from CEO Thomas Magnuson

Thomas Magnuson, CEO, Magnuson Hotels Worldwide

Dear Owners, The year 2022 has been a momentous time for Magnuson Hotels. It certainly delivered surprises, but progress has not been impeded. Despite challenges, we have come together as a community, growing steadily and going all in on the future of hospitality. As the year comes to a close, it is my pleasure to share our […]