Americas Best Value Inn Enjoys More Solid Growth During First Quarter
CLEVELAND,OH. - April 22, 2015. Americas Best Value Inn® (including its sister brands, Canadas Best Value Inn® and Value Inn Worldwide®) began the year with the addition of 19 new properties during the first quarter of 2015. ABVI is part of the Vantage Hospitality Group family of brands, a top 10 global hotel company with over 1,200 properties.
ABVI welcomed four hotels in Texas, including locations in Houston and Austin and a former Best Western in San Benito. Other additions in the U.S. included a 109-room former Days Inn in Baton Rouge, LA; and properties in Knoxville, TN; Boise, ID; and Tupelo, MS.
The Canadas Best Value Inn brand expanded in British Columbia with a 2-diamond, CAA-approved Inn & Suites in Castlegar. Formerly a Quality Inn, the 48-room property brings the current CBVI total to 31 hotels in seven provinces and territories throughout the country.
“Throughout North America, hotel owners continue to embrace ABVI's innovative model that provides the best value and most reliable return on investment in brand affiliation. Hoteliers are joining to enjoy our numerous innovative programs and comprehensive resources that help them drive revenue,” said Patrick Mullinix, Group President of Vantage's Value Brands.
A limited-service brand, ABVI operates under Vantage Hospitality's unique Freestyle® brand affiliation, which allows hotel owners to pay low, flat, monthly fees based on number of rooms - not a percentage of revenue as do traditional hotel brands that typically charge fees that are three to five times higher than ABVI's. Owners also enjoy low, straightforward fees; reasonable agreements; A Voice and A Vote® in the direction of the brand; and sensible property improvement plans.
Vantage also grew earlier this year when it acquired the America's Best Inns & Suites®, Country Hearth Inn & Suites® and Jameson Inn® brands, and the current licenses, as part of its commitment to ensure that it is able to offer clearly distinct brands for each segment of the industry, from budget through upscale. Vantage also has re-launched Signature Inn®, acquired at the same time, as a budget brand.
About Americas Best Value Inn
Americas Best Value Inn (including Canadas Best Value Inn and Value Inn Worldwide) is a leader in the limited-service segment throughout North America and is the world's 10th largest hotel chain with over 1,000 hotels throughout North America. The 2013 U.S. Hotel Franchise Fee Guide issued by HVS reflected that ABVI's fees represented the lowest of all major national economy brands reported. Members of the Americas Best Value Inn brand are eligible for expedited and streamlined SBA loan processing through the SBA's Franchise Registry Program, information about which may be found at www.franchiseregistry.com.
About Vantage Hospitality Group, Inc.
Vantage Hospitality Group, Inc., has been recognized as one of the most progressive hotel companies in the history of the lodging industry, and is the only hotel company to be ranked among the Inc. 500/5000 List of America's Fastest-Growing Private Companies for eight consecutive years. Supported by the resources of a franchise and the freedom of a membership organization, hotel owners around the globe have embraced Vantage's philosophy that puts control back in their hands, allowing them to be “In Business for Themselves, Not by Themselves.” Vantage is among the top 10 hotel franchisors based on the number of hotels in its system, with over 1,200 properties worldwide. Whether a property is a member of Vantage's legacy brands, the award-winning Americas Best Value Inn brand (with its sister brands, Canadas Best Value Inn and Value Inn Worldwide) and the ground-breaking Lexington by Vantage, or a member of Vantage's recently acquired brands, Jameson Inn, Country Hearth Inns & Suites, America's Best Inns & Suites, and Signature Inn, all Vantage brand members enjoy the opportunity to maximize their revenue and asset value through Vantage's low fees and reasonable contract terms; flexible, straightforward agreements; A Voice and A Vote® in major brand initiatives; the most comprehensive resources, support and CRS in the industry; sensible PIPs, and a culture that is centered on educating, not mandating. Membership in Vantage brands in the United States is offered (as a franchise) through Vantage Franchising, Inc., a wholly-owned subsidiary of Vantage Hospitality Group, Inc. For more information, visit www.JoinVantageHospitality.com.
Media Contact:
Al Cohen
Vantage Hospitality Group
888-316-2378
[email protected]
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