Magnuson Converts 125 Best Western Hotels
Tuesday September 10th, 2013 - 9:27AM B
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SPOKANE, WA—Magnuson Hotels has converted 125 Best Western properties to its brands since January 2006.
Roughly 50% of the conversions have occurred within the past 24 months. These properties are located across 34 U.S. states, Canada and the UK.
According to the company, market conditions have contributed to the conversions, since slowing global economic growth and simultaneous hotel industry commoditization have spurred hotel operators to seek lower cost substitutes to regain profits.
Tags: Magnuson Hotels • Conversions • Hospitality • Brands •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.