Vantage is the only hotel company to ever be named seven times to the Inc. 500/5000 list of America?s fastest-growing private companies
Vantage Hospitality Group, Inc., whose hotel brands include Americas Best Value Inn?, Canadas Best Value Inn?, Chinas Best Value Inn?, Value Inn Worldwide?, Lexington Hotels?, and Lexington Inns?, has re-written the history books by becoming the only hotel company to ever be included on the Inc. 500/5000 seven times.
The list, recently announced by Inc. magazine, is an exclusive ranking of America?s fastest-growing private companies. Vantage is the top-ranked hotel company on this year?s list and one of just 125 companies in Inc. 500/5000?s 31-year history to make the list seven or more years, joining the likes of iconic brands GoDaddy.com and Angie?s List.
?Being named to Inc.?s list seven years in a row is an incredible achievement. Vantage has outperformed over 99.8% of all private companies in the U.S., which really validates the success of our innovative membership model that puts the business back into the hands of hotel owners. That?s what makes us different from every other hotel company in the world, and has allowed us to continue at an exceptional growth pace despite the worst economic times of our lives,? said Roger Bloss, Founder, President and CEO of Vantage.
Founded in 1999, Vantage Hospitality has been recognized by Inc. seven of the nine years that it?s been eligible. Over the last seven years, Vantage has added over 700 hotels to the system, including conversions from other major brands, independent hotels, and new construction, resulting in:
- Vantage reaching 1,000 hotels last year faster than any other hotel company in history
- Americas Best Value Inn being recognized as the fastest-growing chain in America over the past decade
?As a result of our incredible growth, we have been able to increase our marketing budget by more than 250% over the last seven years, while integrating all media channels in our campaigns. We also continue to vastly expand our member service team and add comprehensive training, education and revenue-generating programs. And although the company has surpassed most expectations, our corporate team will never sit back and rest on its laurels. We will continue to be proactive to help our members increase their return on investment potential,? added Bloss.
Vantage delivers to its hotel owners the one-of-a-kind 100% Return On Investment Promise; low, flat fees based on number of rooms; short-term, renewable agreements; no liquidated damages; reasonable property improvement plans; a voice and a vote in all major decisions ? including fees; and a host of progressive, revenue-generating programs and comprehensive resources.
This accolade is one of several for Vantage Hospitality and its brands this year, including being named one of Florida?s ?Best Companies To Work For? for the third straight year by Florida Trend magazine and receiving numerous marketing awards of excellence from top national and international organizations.
The Inc. 5000 list represents the most comprehensive look at the most important segment of the economy ? America?s independent entrepreneurs. In a stagnant economic environment, the median growth rate of 2012 Inc. 500/5000 companies remains an impressive 97 percent. The companies on this year?s list report having created 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Source: Vantage Hospitality Group