Magnuson Hotels Signed 80 Hotels Agreements in 2021
Magnuson Hotels signed 80 Independent Collection hotel agreements in 2021, in the United States and the United Kingdom. The company’s model during the downturn focused on local markets and pricing supported by its global team. The company reported a 31.3 percent increase in occupancy and a 43. percent increase over 2019 in RevPAR for its Independent Collection for year-end 2021. These performance figures come in a recovery year. Thomas Magnuson, CEO, said, “The pandemic has […]
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