Business Travel News Gives Baymont Inns & Suites First Place Ranking in Annual Survey.Business Editors/Travel & Lodging Writers MILWAUKEE--(BUSINESS WIRE)--Feb. 12, 2002 - Chain improves upon last year's second place finish - Baymont Inns & Suites, a division of the Marcus Corporation The Marcus Corporation (NYSE: MCS)is a publicly held company with two divisions, Marcus Theatres and Marcus Hotels and Resorts. Stephen H. Marcus, son of the company's founder, is chairman and chief executive officer. (NYSE NYSE See: New York Stock Exchange : MCS), has received a first place ranking in Business Travel News' Annual U.S. Hotel Chain Survey. The publication's Feb. 11 issue recognizes Baymont as the number one chain in the economy segment offering the best overall relationship between price and value, as well as the best physical appearance. This ranking improves on Baymont's second place finish in last year's survey. The Business Travel News survey also recognizes Baymont for the effectiveness of its corporate rate program, ease of arranging individual travel, timely commission payments for travel agents and helpful and courteous cour·te·ous adj. Characterized by gracious consideration toward others. See Synonyms at polite. [Middle English corteis, courtly, from Old French, from cort, court; see staff. Value-added programs launched in 2001 may have contributed to the chain's appeal to business travelers for this year's survey. New initiatives introduced in 2001 include Guest Ovations, Baymont's frequent guest program, and the 110% Satisfaction Guarantee, the most extensive guarantee in the industry. "Our recent investments and additions to the brand enabled us to move from the economy to the mid-priced segment in 2001," said Jim Abrahamson, president & COO of Baymont Inns, Inc. "We look forward to finishing just as strongly within this new segment in next year's BTN BTN In currencies, this is the abbreviation for the Bhutan Ngultrum. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Survey." In addition to recognition from Business Travel News, the chain was also honored with the "Best Hotel Value Award" from Entrepreneur Magazine Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities. This magazine is published monthly, with a total of 12 issues annually. (No special extra issues are published. (April 2001). Awards such as these highlight Baymont's ongoing commitment to being "Best in Class" through exceptional value in amenities, service and price. Headquartered in Milwaukee, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. ., Baymont Inns & Suites is a mid-priced lodging chain recognized for its high-quality amenities, excellent service and attractive rates. Baymont Inns & Suites operates or franchises 190 locations in 31 states nationwide. For more information visit www.baymontinns.com or call toll free 1-877-BAYMONT. Baymont Inns & Suites is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of The Marcus Corporation. Headquartered in Milwaukee, Wis., The Marcus Corporation is comprised of three divisions: limited-service lodging, hotels/resorts and movie theatres. For more information visit the company's website at www.marcuscorp.com. |
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