Magnuson Hotels Reports 24% Revenue Increase
Wednesday April 17th, 2013 - 9:21AM W
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SPOKANE, WA—Magnuson Hotels, an independent hotel group, has reported a year-over-year reservation revenue increase in 2013 of 24.6% for its three non-franchise hotel brands.
Magnuson Grand Hotels, Magnuson Hotels and M Star Hotels comprise the company's fastest growing segment, the Magnuson Hotels Premier Collection. During the same period of 2012/20122, real ADR for the Magnuson Grand bradn segment increased 8.7%.
The company attributes continued increased in booking volumes to a constant expansion of its consumer brand recognition and proprietary worldwide reservation system, including its free global distribution platform.
Tags: • Hospitality •
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