Magnuson Hotels & Rg Management Continue to Deliver Exponential Growth
Magnuson Hotels, America's fastest growing hotel brand and RG Hotels, the leading hotel management company today announced that the Magnuson Grand Memphis Airport Hotel, has seen a 328% increase in revenue since January 2017.
Thomas Magnuson, CEO of Magnuson Hotels commented, “We are thrilled with the result and believe this is testament to our effective method of collaboration with RG Hotels. Leveraging the right technology and continuing to employ effective revenue management and optimization has enabled us to achieve a 230% increase in occupancy further supported by increased ADR and available rooms".
Jean Francois Mourier CEO & Co-Founder of RG Hotels stated, “We have ambitious plans for the property and continue to work closely with Tom and his team to ensure that the Magnuson Grand Memphis Airport reaches its potential. It's rare to find a brand partner that so easily accommodates owner preferences while driving continued growth and optimization".
Both companies continue to attribute the strong performance to the creation of new revenue streams using comprehensive revenue optimization and strategy management, innovative smart pricing RMS software and the continued expansion of the Magnuson brand's consumer awareness both internationally and domestically.
Some of the highest performing branded hotels in 2017 include; Magnuson Grand Memphis Airport TN and Magnuson Hotel Clearwater Central FL.
About Magnuson Hotels
Since its launch fifteen years ago, Magnuson Hotels has become America's fastest growing hotel brand and a top 15 global chain, marketing over 1,000 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 8,000 hotels and 800,000 rooms worldwide, equal to the size of a top 2 global hotel chain. For more information, visit magnusonworldwide.com or email [email protected]
About RG Hotels
From luxury urban landmarks to upscale boutique resorts and branded properties, RG HOTELS is a revolutionary hotel management company, currently providing services to some of the most distinguished hotel and resort properties around the world. For more information, visit www.rghotels.com or email [email protected]
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
