Americas Best Value Inn/Canadas Best Value Inn Adds 28 New Properties in First Quarter
(CLEVELAND, April 18, 2011) ? Americas Best Value Inn/Canadas Best Value Inn maintained its impressive growth with the addition of 28 new properties during the first quarter of 2011. In good or bad economic times, hotel owners across North America continue to be attracted to the brand that offers the affordable alternative to traditional hotel franchising.
Americas Best Value Inn expanded in 15 states, including five new locations in Texas and California and three apiece in Florida and Pennsylvania, and such major cities as Boston, Tampa and Sacramento. The largest additions were a 142-room former La Quinta in Rochester, MN and a 100-room former Settle Inn in Overland Park, KS. A new Canadas Best Value Inn was also added in Huntsville, Ontario.
ABVI?s 28 new inns, hotels and suites totaled 1,666 rooms and included conversions from brands such as Best Western?, Days Inn?, La Quinta? and Quality Inn?, as well as several independent properties.
A limited-service brand, ABVI operates under its 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 other national hotel brands that typically charge fees that are three to five times higher than ABVI?s. Owners also have short-term contracts, a voice and a vote in the direction of the brand, the one-of-a-kind 100% Return On Investment Promise, and the ability to be in business for themselves, not by themselves.
[quote]?Hotel owners continue to realize the value in our Freestyle model, which includes numerous innovative programs and comprehensive resources that help them drive revenue, including the Vantage Revenue Enhancement Program and Vantage Academy. Our members also enjoy the freedom to select services, products and amenities that fit their market niche instead of being mandated to purchase from specific preferred vendors,? said Roger Bloss, the Founder, President and CEO of Vantage Hospitality Group, which is the parent company of Americas Best Value Inn, Canadas Best Value Inn, Chinas Best Value Inn?, Value Inn Worldwide? and the Lexington Collection? brands.[/quote]
[box type=”tick”]About Vantage Hospitality Group, Inc.
Headquartered in Coral Springs, Fla., Vantage Hospitality Group is the 10th largest hotel company worldwide and the only hotel company to be ranked on the 2006, 2007, 2008, 2009, and 2010 Inc. 500/5000 List of Fastest-Growing Private Companies. Hotel owners worldwide have embraced Vantage?s innovative brand model that offers members low, flat fees; short-term contracts; and a voice and a vote in each brand?s direction while providing the most comprehensive resources in the lodging industry. Vantage Hospitality?s first hotel brand, Americas Best Value Inn, a leader in the limited-service segment, has grown to over 900 properties (including Canadas Best Value Inn and Chinas Best Value Inn) throughout North America and China in just 11 years of operation and has been recognized by the lodging industry as the fastest-growing chain over the past decade. The company continues to grow with the Lexington Hotel and Lexington Inn brands (Vantage?s midscale through upscale brands) and through affiliations with Brown Nester Hospitality Services (offering comprehensive hotel brokerage and related services) and Vantage Insurance Services (a full-service insurance agency specializing in insurance for the hospitality industry).[/box]