Magnuson Reports 24.7% Revenue Increase For Member Hotels
Magnuson Hotels, the world’s largest low-cost hotel group, today announced a 24.7% increase in RevPAR (revenue per available room) YTD for its member hotels, over same time 2018. The increase is more than 10 times the current USA RevPAR growth of 2%. The company also reported an 8.7% increase in produced reservations for July with […]
Studios and Suites 4 Less Western Branch Virginia Joins Magnuson Independents
At Magnuson Hotels, America’s largest independent hotel group, we are proud to announce today the latest addition to the Magnuson Hotels family, the Studios and Suites 4 Less Western Branch, in Chesapeake, Virginia. Situated in beautiful Chesapeake, Virginia, the Studios and Suites 4 Less Western Branch is the ideal lodging choice for travelers to the dynamic Chesapeake and Portsmouth […]
Magnuson Hotels’ Independents Report 20.7% Revenue Increase
London UK/Spokane WA January 24, 2017 Magnuson Hotels, the world’s largest independent hotel group, today announced a 20.07% revenue increase in 2016 over 2015, from the group’s top 10% tier independent hotels. The group also reports a 22.5% increase in ADR (Average Daily Rate) for reservations generated in 2016, versus 2015 for the same portfolio. […]
Magnuson Hotels’ Branded Hotels Report 25% Revenue Increase
London UK/Spokane WA February 1, 2017 Magnuson Hotels, America’s fastest growing hotel brand, today announced a 25.06% revenue increase in 2016 over 2015, across the group’s brand portfolio of Magnuson Grand, Magnuson Hotel and M Star Hotel. The group also reports a 17.42% increase in ADR (Average Daily Rate) for reservations generated in 2016, versus […]
Magnuson Hotels Reports 35% Revenue Increase Year to Date
Magnuson Hotels, America’s fastest growing hotel brand, today announced a 35.15% revenue increase for YTD 2016 over 2015. The company also reports a 22.84% increase in ADR (average daily rate) for reservations generated in 2016 vs. 2015. Driving the performance increase are continued lower US gas prices, strong job growth and increased consumer brand recognition. […]