Magnuson Hotels

Last updated
Magnuson Hotels
Company typePrivate
IndustryLodging
Founded2003 (2003)
FounderTom and Melissa Magnuson
Headquarters London UK, ,
U.S.
Number of locations
2000+
Area served
United States, United Kingdom
Services Lodging

Magnuson Hotels is a hotel conversion brand in the US, UK and Europe with over 2,000 hotels. It was founded at the world's first independent hotel chain. [1]

Founded in 2003 by Thomas and Melissa Magnuson. In 2006, Magnuson Hotels introduced three hotel brands serving the upper midscale, midscale and economy segments; ultimately the largest customer segments globally. In 2022, Magnuson Hotel Franchising was introduced, with two brand segments (midscale and upper midscale). [1]

Thomas Magnuson stepped down as CEO in 2023 and Adnan Malik was promoted to the role (from Chief Revenue Officer). [2]

Related Research Articles

Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across South America, North America, Europe, Asia, Africa and Australia

<span class="mw-page-title-main">Starwood Hotels and Resorts</span> American hotel and leisure company

Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. Starwood was founded in 1969 as a real estate investment trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. Starwood had 11 brands and owned, managed, or franchised 1,297 properties comprising 370,000 hotel rooms in approximately 100 countries.

InterContinental Hotels Group (IHG), marketed as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in Windsor, Berkshire, England. It is listed on the London Stock Exchange and the New York Stock Exchange. It is also a constituent of the FTSE 100 Index.

Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide.

Drury Hotels Company, LLC is an American hospitality company that operates a chain of mid-scale limited service hotels under the brands Drury Inn and Suites, Drury Inn, Drury Suites, Drury Plaza Hotel, and Pear Tree Inn. As of 2022, the chain operates more than 150 locations in 26 states. It is wholly owned by the Drury family and is headquartered in metropolitan St. Louis, Missouri.

Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. Marriott International owns over 36 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network. Marriott International is headquartered in Bethesda, Maryland. The company is the successor to the hospitality division of the Marriott Corporation, founded by J. Willard Marriott (1900–1985) and his wife Alice Marriott (1907–2000).

Fiskars Group, is a Finnish consumer goods company founded in 1649 in Fiskars, a locality now in the town of Raseborg, Finland, about 100 kilometres (62 mi) west of Helsinki. It is one of the oldest continuously operating companies in the World. Fiskars' global headquarters are located in the Keilaniemi district of Espoo, near Helsinki.

<span class="mw-page-title-main">Choice Hotels</span> American hospitality company

Choice Hotels International, Inc., is an American multinational hospitality company based in North Bethesda, Maryland. The company, which is one of the largest hotel chains in the world, owns several hotel brands ranging from upscale to economy. As of the third quarter 2023, Choice Hotels franchised nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories.

<span class="mw-page-title-main">Hospitality industry</span> Hoteliers, travel agents, restaurateurs, barkeeps and their employees

The hospitality industry is a broad category of fields within the service industry that includes lodging, food and beverage services, event planning, theme parks, travel agency, tourism, hotels, restaurants, nightclubs, and bars.

<span class="mw-page-title-main">Hampton by Hilton</span> Hotel chain

Hampton by Hilton, formerly Hampton Inn or Hampton Inn & Suites, is an American chain of hotels trademarked by Hilton Worldwide. The Hampton hotel brand is a chain of moderately priced, budget to midscale limited service hotels with limited food and beverage facilities. Most Hampton hotels are independently owned and operated by franchisees, though a few are managed by Hilton. Hampton by Hilton is one of the largest hotel franchises in the U.S. As of March 2024, the Hampton franchise includes 3,000 hotels in 40 countries and territories.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

Novotel is a French midscale hotel brand owned by Accor. Created in 1967 in France, the company grew into what became the Accor group in 1983, and Novotel remained a pillar brand of Accor's multi-brand strategy. Novotel manages 559 hotels in 65 countries (2021). Since 2010, Novotel also includes the apartment hotel brand Novotel Suites.

Vantage Hospitality Group Inc. was an American hotel corporation, operating hotels in the United States and internationally. Its brands include Best Value Inn and Lexington by Vantage. In 2016, Vantage Hospitality Group was acquired by Red Lion Hotels Corporation.

Groupe du Louvre or Louvre Hotel Group is a French company operating several hotel brands with over 1700 locations headquartered in La Défense in Nanterre, France.

<span class="mw-page-title-main">Santika Indonesia Hotels & Resorts</span> Hotel chain from Indonesia

Santika Indonesia Hotels & Resorts is an Indonesian hotel group under the auspices of PT. Grahawita Santika, a subsidiary of mass media conglomerate, Kompas Gramedia. First established on 22 August 1981, Santika Indonesia Hotels & Resorts has 116 hotel units spread across more than 40 cities in Indonesia. Santika Indonesia Hotels & Resorts has a vision and mission to become the largest choice of local hotel groups in Indonesia and Southeast Asia.

OYO Rooms, also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. As of January 2020, it has more than 43,000 properties and 1 million rooms across 800 cities in 80 countries.

<span class="mw-page-title-main">Cobblestone Hotels</span> American hotel chain

Cobblestone Hotels is a chain of hotels in the United States. Their brands include Cobblestone Hotel & Suites, Cobblestone Inn & Suites, Boarders Inn & Suites, Centerstone Hotels, and KeyWest Hotels.

Minor Hotels is an international hotel owner, operator, and investor headquartered in Bangkok, Thailand, with more than 550 hotels in over 55 countries across Asia-Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas. Minor Hotels operates as a subsidiary of Minor International, one of the largest hospitality and leisure companies in the Asia-Pacific region. The group operates hotels under the brands of Anantara Hotels & Resorts, Avani Hotels & Resorts, Elewana Collection, Oaks Hotels, Resorts & Suites, NH Hotels, NH Collection, nhow Hotels, and Tivoli Hotels & Resorts.

<span class="mw-page-title-main">Keith Barr (businessman)</span> American businessman (born 1970)

Keith Barr is an American businessman. He was the chief executive of InterContinental Hotels Group until July 2023, when he was succeeded by Elie W. Maalouf. Barr left IHG to return to the US.

References

  1. 1 2 "About Us - Magnuson Hotels Worldwide". magnusonhotelsworldwide.com. 2023-09-06. Retrieved 2024-06-12.
  2. "Adnan Malik appointed as CEO of Magnuson Hotels; Thomas Magnuson to step down after 21 years". Hospitality Net. Retrieved 2024-06-12.