AAHOA names Magnuson Hotels’ Alexis Inn Independent Hotel of the Year
March 20, 2007
Charlotte, NC- When Atul Kapadia and his partners purchased their Nashville Airport hotel from Holiday Inns founder Kemmons Wilson in 2003, their most immediate priority was to survive as an independent against the combined marketing firepower of 70 chain-affiliated hotels located within a 6-mile radius.
On March 8, 2007, Atul officially succeeded, as his Nashville Alexis Inn and Suites received the 2006 IAHA Independent Hotel of the Year Award from Mukesh Mowji, past Chairman of the Asian American Hotel Owners Association, a membership organization representing over 8,300 members, owning more than 20,000 hotels.
“As an independent hotel, we needed all the help we could get to stand out among the big brands, so we affiliated our hotel with Magnuson Hotels, the world’s largest independent hotel group. We didn’t want to be subjected to the traditional high fees brands charge. Instead, we paid Magnuson Hotels, our hotel marketing and reservation company only for performance-based results,” stated Atul Kapadia, President of the Alexis Inn.
For four years straight, The Alexis Inn & Suites has averaged between 25-30 % of its revenue per year from Magnuson Hotels’ low cost worldwide GDS & Internet reservation system. And, the hotel now competes in a local marketplace of 147 competitors’ — twice that when the hotel opened in 2003. The hotel has consistently been of the top ten performers in the Southeast US on Travelocity, one of the world’s largest online travel agencies. The hotel ranks top 10 in Yahoo searches for Nashville airport hotels, and has maintained a 3 Star Magnuson Hotels rating.
About Magnuson Hotels, the fastest growing hotel chain in history.
In only seven years, Magnuson Hotels headquartered in Spokane, WA has become the world’s largest independent hotel group, representing nearly 1500 hotels and a combined affiliate base with assets in excess of $5.5 Billion. One of the top 10 global hotel chains, Magnuson Hotels was the #1 Hotel Company of Inc. Magazine’s 2009 annual ranking of the 5,000 fastest growing privately owned U.S. companies. With a four year reservation sales growth of 595%, Magnuson Hotels is listed in the top 100 U.S. business services companies.
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