London, UK
Magnuson Inns is happy to announce the promotion of Adnan Malik to the place of Chief Income Officer (CRO). In his new position, Malik will oversee the corporate’s income administration technique and drive initiatives to boost income development throughout the group.
With an intensive background in income administration and a confirmed monitor document of delivering distinctive outcomes, Malik has performed a pivotal position in Magnuson Inns’ success over 5 years. Most lately, Magnuson Inns introduced a 77.83% development in RevPAR since pre-pandemic (2019) for its Unbiased Assortment, a development price 10 instances the USA business common of seven.6% as reported by STR.
Malik joined the corporate in 2018 as portfolio income supervisor after finishing top-tier London assignments at Guoman Inns, Wyndham Grand Chelsea Harbour, Doyle Assortment, Strand Palace Resort, Dorsett, and Royal Thames Yacht Membership.
“We’re proud to advance Adnan Malik to the position of Chief Income Officer,” stated Thomas Magnuson, CEO of Magnuson Inns. “Adnan’s dedication, strategic mindset, and confirmed management expertise will assist us to proceed delivering above-market efficiency for resorts globally.”
Adnan Malik commented, “I’m honored to tackle this new accountability as Chief Income Officer and contribute to Magnuson Inns’ continued success. I look ahead to working carefully with our gifted crew and companions to drive income development and ship distinctive worth to our franchisees and visitors.”
About Magnuson Inns
Magnuson Inns has championed the reason for honest franchising for lodge homeowners since its inception in 2003, serving to over 2000 resorts within the USA and UK succeed in opposition to a few of the largest manufacturers within the hospitality business. The group provides affiliation with manufacturers that don’t require obligatory renovations and procurements, long-term contracts, or extreme commissions, in addition to illustration as a part of Magnuson Unbiased Group. The Magnuson Inns platform achieves a non-seasonal 52-week occupancy technique with complete human assist and an OTA-alternative distribution.
Aashima Grover
Advertising and marketing
Magnuson Inns
