20 December 2023 – Magnuson Hotels announces the immediate appointment of Adnan Malik as its new Chief Executive Officer. Malik, previously serving as Chief Revenue Officer, brings a wealth of experience and innovative vision to lead the renowned hotel brand into its next phase of growth.
Adnan Malik’s extensive background positions him as a dynamic leader ready to build upon Magnuson Hotels’ established legacy. His strategic prowess and commitment to excellence align seamlessly with the brand’s core values, ensuring a continued trajectory of success.
Thomas Magnuson, after dedicating 21 years to steering Magnuson Hotels as CEO, will transition to a new chapter, leaving an indelible mark on the company’s evolution. His leadership and dedication have been instrumental in establishing Magnuson Hotels as a global hospitality force.
During this period, the company transformed independent hotels from being perceived as less desirable in the market to becoming the most preferred category of hotels worldwide. Fair franchising became a global movement, and legislation to protect hotel owners is now underway in the USA.
Thomas Magnuson said, “It has been an incredible journey leading Magnuson Hotels for the past 21 years. I am immensely proud of what we’ve achieved together as a team. As I step down from the CEO position, I’m filled with gratitude for the experiences, challenges, and growth we’ve embraced, and for the people I have met along this path. I am confident in the talented individuals who will continue to drive Magnuson Hotels towards even greater success.”
Co-founder Melissa Magnuson, a primary figure in the company’s success as Chairman, will continue in her role, providing invaluable guidance and expertise to support the brand’s ongoing achievements.
“I am honored and excited to lead Magnuson Hotels into its next phase,” said Adnan Malik. “Under Thomas’s exceptional leadership, the brand has flourished, and I am committed to building upon this strong foundation by driving innovation. We will continue our commitment to deliver results for hotel owners and exceed expectations of hotel guests.”
Melissa Magnuson added, “We all take tremendous pride in what Magnuson Hotels has achieved under Thomas’s CEO tenure. With Adnan’s appointment, we are confident in his ability to lead the company towards continued growth and success, maintaining our commitment to excellence.”
About Magnuson Hotels:
Magnuson Hotels was founded in 2003 as the world’s first independent hotel chain. Today, over 2000 hotels across North America and Europe have increased revenues via the Magnuson Independent Hotel Group and the Magnuson Hotels Fair Franchise Brand: