Americas Best Value Inn/Canadas Best Value Inn’s Growth Remains Strong in Q2
Thursday July 31st, 2014 - 9:29AM XB
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CLEVELAND—During the second quarter of 2014, Americas Best Value Inn/Canadas Best Value Inn enjoyed more solid growth with the addition of 21 properties.
ABVI and CBVI are part of the Vantage Hospitality Group family of brands, with over 1,000 properties, which also enhanced its segment offerings earlier this month when it agreed to acquire America’s Best Franchising’s hotel brands.
ABVI welcomed three properties in Illinois and two apiece in Oklahoma, Iowa and Texas. Among the 21 new inns, hotels and suites are a 120-room former GuestHouse Inn & Suites in Fort Collins, CO; an 85-room former Days Inn in Vandalia, IL; a 69-room property in New Paltz, NY; a 60-room former Days Inn in Bristol, PA; a 55-room former Best Western in Denham Springs, LA; and a 40-room new construction in Houston.
The Canadas Best Value Inn brand added two locations—a 62-room former independent in Whitecourt, Alberta; and a 67-room former Ramada in Valemount, British Columbia. CBVI now totals 30 properties in seven provinces and territories throughout the country.
“Our new properties are coming in all shapes and sizes, including new builds and conversions,” said Roger Bloss, founder, president and CEO of Vantage Hospitality. “Our unique new-construction program, which waives membership fees for the first year of operation and gives hotel owners the choice of using ABVI’s prototype or their own design, continues to attract a lot of interest.”
Tags: Americas Best Value Inn • Canadas Best Value Inn • Vantage Hospitality Group • • Hospitality • Brands • Quarterly Results •
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.