Corporate profile: Best Western International

The hoteliers of Best Western International enjoy a number of significant advantages over their competitors. First, they are part of the world's largest chain with a 49-year tradition of remarkable success and stability.

Article Tools

Latest News

More Latest News

With over 3,400 properties in 63 countries (over 2,000 in North America), Best Western dominates the industry with more properties than Holiday, Sheraton, Hilton and Radisson combined and has dearly established itself as the mid-market leader. Members also have the distinct advantage of retaining their independence while reaping the benefits of a full-service, international chain affiliation at a fraction of the cost paid by major chain franchisees.

With no shareholders or corporate profit goals to satisfy, members' fees are returned to them in services. The other profit-driven chains charge royalty, advertising and, usually, reservations fees on gross rooms revenue -- consuming six to nine percent of room sales. In contrast, Best Western's low membership fees are based on cost recovery for the services provided and for the reservations delivered through the system.

Another unique advantage is the one-year, renewable agreement, with no penalties for withdrawal, no legal fees and an incredible voluntary renewal rate of over 99 percent each year.

Best Western also exceeds other hotel chains in its range of support services. Some services build business, others reduce costs:

* Global Reservations Network: $821 million in annual room sales and almost 12 million room nights from the North American system alone.

* The STAR Reservations System: Every North American property can make property-to-property and worldwide reservations in 30 seconds.

* International Advertising and Marketing Programs: Including the four-million-copy Road Atlas and Travelers' Guide; the Gold Crown club frequent traveler program; a Group Tour Manual for motor coach and group business; a Meetings and Conference Facilities Guide; a 10-percent Mature Market discount plan; Fly Drive/FIT package programs, etc.

* Consumer Advertising Program: Generates millions of impressions daily in a multimedia mix and substantial discounts oN travel trade advertising. Cooperative advertising programs in 55 states and Canadian provinces strengthens members-regional presence.

* Advertising Services: Assists members in creating and placing print, billboard, Yellow Pages and advertising and promotional materials.

* Sales Offices: In North America (12) and in 33 countries -- professionally staffed.

* Education and Training: On-site orientations for new properties; training aids and seminars.

* Quality Assurance: 24 quality control professionals conduct inspections twice a year.

* Operational Advice: Experienced industry professionals assist members with operational, marketing and management issues.

* Marketing Research, Corporate Communications and more.

Best Western also provides cost-saving programs:

* B-W Supply Division: Maximum purchasing discounts oN FF&E items and operating supplies.

* Design Department: Professional design staff assists members with new construction and renovation.

* Credit Card Discounts: Contracts with all major companies give members the lowest discount rates.

* Insurance: Full-range of programs available.

* Technical Services: Consulting on all aspects of automation and telecommunications systems.

* Financing Programs: Custom plans for refinancing, acquisitions or renovation.


Acceptable Use Policy
blog comments powered by Disqus

Photo Galleries

New York's Star Deals

http://nreionline.com/images/nyc_big_deals_homepage_thumb.jpgThe city that never sleeps is also the city that never stops growing, not even in the midst of recession. And deals, both bold and unprecedented, continue to be done. Check out image of New York's big deals.

Hudson Yards Development

http://nreionline.com/photo_gallery/hudson_yardsCheck out images for Coach's new global headquarters, which will anchor the initial tower of the Eastern Rail Yards site within the 26-acre mixed-

Videos

JLL at ICSC 2012

http://nreionline.com/video/bjorson_thumbnail.jpgCheck out these videos from JLL at ICSC 2012 in Las Vegas...

 

Click here to view more videos.


Blogs


http://nreionline.com/blog/schein_blog_headshot.jpg

Real Vox

Traffic Court

The Full Nelson

Events

Strategic Real Estate Investment Conference

Date: Thursday, June 7, 2012
Time: 7:45AM-6:00PM
Place: 1290 Avenue of the America, 5th Floor
What: A full-day event exploring portfolio diversification through opportunistic and alternative investments....

Click here to view more events...

http://nreionline.com/nrei-300x125-house-091211-resourcebook-jpg.jpg

This Week's Most Popular

Current Issue

http://nreionline.com/april2012_cover.jpg

NREI Newsletters



Retail Traffic Newsletters

View NREI Newsletters

NREI Newsline
NREI Seniors Housing Finance and Development
NREI The Green Sheet
NREI Institutional Outlook
NREI Distressed Real Estate Strategies
NREI Daily/Central
NREI Daily/New York
NREI Daily/New Jersey
NREI Weekender
NREI Global Real Estate Monitor
REIT Insider
Retail Traffic Online
The Site Optimizer

Join the Conversation