Magnuson Hotels, the world’s largest independent hotel group, announced today a 21% year-on-year revenue increase with the leading travel discount website, Hotwire.
Reports show this revenue increase is 39% higher than the nearest competing brand. This revenue growth is driven by a marked jump in ADR, showing a year-on-year increase of 14%. Magnuson Hotels are working with their dedicated Online Revenue Management team to implement further revenue growth strategies, to continue maximizing their performance across all booking channels.
Hotwire.com is a leading discount travel site with low rates on flights, hotels, and vacation packages. Launched in 2000, Hotwire, Inc. obtains deep discounts from its travel suppliers to help travelers book unsold spaces. Hotwire.com is an award winning website and Hotwire, Inc. is an operating company within Expedia, Inc.
About Magnuson Hotels: 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. Magnuson Hotels’ 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 6,000 hotels worldwide, equal to the size of a top 5 global hotel chain.
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