Florida Holiday Inn rebrands as Magnuson Hotel Marina Cove St. Petersburg

April 1, 2011

St. Petersburg, FL- April 2011. Magnuson Hotels, the world’s largest independent hotel group, announced today the complete rebranding of the Magnuson Hotel Marina Cove, St. Petersburg, FL. Formerly the Holiday Inn SunSpree Resort of twelve years, the 155-room hotel seeks to upgrade its local, regional and national market position through its affiliation with the Magnuson Hotels brand designation.

Steve Springman, principal correspondent for Magnuson Hotel Marina Cove, has operated multiple Hotel franchises in the Midwest and South over the last 25 years, including Howard Johnson, Days Inn and Holiday Inns. “After being immersed in Hospitality for so many years, we know what our guests are looking for in a hotel experience. With the upgrade to the Magnuson Hotels brand platform, we can really focus on quality service and amenities for our guests without paying huge marketing and franchise fees. Magnuson Hotels’ business model is the best I’ve seen for this industry,” stated Springman.

Magnuson Hotel Marina Cove is a preferred hotel for Bush Gardens Tampa and is located 10 minutes from Fort Desoto Park and the Gulf beaches. Corporate, educational, government and leisure travelers will be close to downtown St. Petersburg near Tropicana Field-home of the Tampa Bay Rays, The Pier, Salvador Dali Museum, Mahaffey Theater, Jannus Landing, Eckerd College, USF, St. Pete College, Allstate Center and All Children’s Hospital.

The Magnuson Hotel Marina Cove features full service resort amenities including complimentary high-speed wireless internet, two pools, private beach, hot tub, volleyball court, bicycle rentals, kids playground, tennis and shuffleboard courts, on site fitness center, lounge and restaurants.

“Magnuson Hotels is proud to feature The Magnuson Hotel Marina Cove as a true standard of hotel excellence,” stated Magnuson Hotels CEO Thomas R. Magnuson. “We are dedicated to the continued success of our individually owned and operated hotels and look forward to helping Mr. Springman increase his reservations quickly.”

As a Magnuson Hotels affiliate, the Magnuson Hotel Marina Cove receives total brand representation across North America and the UK, without the high costs and requirements of franchise brand affiliation. In contrast to traditional hotel chains that charge a percentage of total hotel revenue, the Magnuson Hotel Marina Cove will increase its net income with higher market exposure at a much lower cost. Direct revenue to the hotel is non-commissionable and royalty free. The Magnuson Hotel Marina Cove is backed by the quality standards of the world’s largest independent hotel group. The hotel will also receive a 10% brand rebate, paid every six months.

About Magnuson Hotels, the fastest growing hotel chain in history.
In only eight years, Magnuson Hotels has become the world’s largest independent hotel group, representing nearly 2,000 UK and North American hotels with assets in excess of $5.5 Billion. One of the top 8 global hotel chains, Magnuson Hotels is the #1 Hotel Company of Inc. Magazine’s 5,000 fastest growing private U.S. companies.

For more information, contact:
Magnuson Hotels