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Vantage Hospitality's Growth Remains Strong in 2009
Americas Best Value Inn adds 10 properties in February, Canadas Best Value Inn adds two
(CLEVELAND, March 16, 2009) - Vantage Hospitality Group continued its strong start to 2009 with the addition of 10 Americas Best Value Inns and two Canadas Best Value Inn properties during the month of February. With its innovative Freestyle Brand Affiliation model, Vantage is attracting more and more hoteliers seeking an affordable alternative to franchising.
Americas Best Value Inn welcomed new hotel owners in top U.S. markets such as San Francisco, Indianapolis (former Travelodge), and Houston (new construction). Other additions include properties in Davis/Sacramento (former Holiday Inn Express) and Fairfield, Calif., Port Clinton, Ohio, Daytona Beach and Tavares, Fla., Shenandoah/Conroe, Texas, and Morton, Minn.
The Canadas Best Value Inn brand grew with new locations in Princeton, British Columbia, which is a former Best Western three-diamond property located in the eastern slopes of the Cascade Mountains; and Burlington, Ontario, which is situated on the shores of Lake Ontario, less than an hour away from Toronto and Niagara Falls.
All told, the 12 new hotels (seven of which were independents) added a total of 564 rooms to the Vantage family. Americas Best Value Inn had brought on nine new properties in January.
"During the first two months of 2009, we are averaging over two new properties per week," said Roger Bloss, Founder, President and CEO of Vantage Hospitality, which is also the parent company of The Lexington Collection. "This growth demonstrates the strength of our brands during good and bad economic times, as well as our revenue-generating programs and global resources. It also proves that we stand behind our 100% Return On Investment promise."
Visit www.AmericasBestValueInn.com and www.LexingtonCollection.com for more information.
About Vantage Hospitality Group, Inc.
Headquartered in Coral Springs, Fla., Vantage Hospitality Group is the 12th largest hotel company worldwide and the only hotel company to be ranked three years in a row on the Inc. 500/5000 List of Fastest Growing Private Companies. Founded in 1996, the company has grown to include a broad spectrum of hospitality-related ventures, managing resources in hotel ownership, management, marketing, national brand affiliation and real estate. Vantage's award-winning membership hotel brand, Americas Best Value Inn, has been recognized by the lodging industry as one of the fastest growing chains six years in a row. The company continues to grow with The Lexington Collection - the only membership hotel brand in the upper-mid to upscale lodging segments. Vantage will continue to expand its brands domestically, as well as in international markets including India, China, Canada, Mexico, North Africa, and the Gulf Region.
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