Since 1972, John P. McCoy supported and led Best Western as a prominent hotel owner, Governor and member of the Board of Directors. But by the end of 2007, after 35 years, John decided the hotel could no longer sustain the increased costs simultaneous with declining reservation contribution from Best Western.
"Over the years, we have always stuck with the basics, we operate on reputation,” stated John. “We have always known how best to get by, however in later years, we and other hotel owners found ourselves working for the brand. That system is just not relevant anymore."
In order to transform the family hotel business toward a legacy, John knew the first thing to do was to develop a complete new operating structure without the burden of non-revenue producing brand fees and corporate mandates. The hotel was repositioned as a true family business and town center, McCoy's Inn & Conference Center, Ripley West Virginia.
Magnuson Hotels was retained to replace BW, and provide complete global marketing through its massive global reservation system. Magnuson Hotels’ fee structure is one where the hotel pays only for reservations received from over 650,000 GDS travel agents, 2000 online channels including Orbitz, Expedia, Priceline, Google, and a US based toll free phone reservation center. As a result, the hotel is functioning leaner, operational control is in the hands the owners, and the hotel is saving a great deal of money in a tough economic environment.
In addition to a larger global marketing reservation system, the hotel enjoys personalized 24/7 market specialist service to maintain pricing, promotions, placement and reviews across thousands of worldwide channels.
Ripley is a saturated market with 97 online competitors, with an increase of 13 hotels since December 2007. Despite this new supply increase, McCoy’s Inn & Conference Center is beating the STR National Trends, in both average daily rate and average stay per reservation with continuous year over year contribution growth.
Today, leadership is being transitioned to daughters Cissy McNabb and Robin Corbin as they help carry the 137-room conference center into a new era for the family and town. Located as a perfect mid-point lodging spot between Florida and New England, the hotel is within walking distance of both the Ripley Convention Center and the Ripley branch of West Virginia University.
This 3 Star full service hotel is #1 out of 41 local hotels on Orbitz and top ranked by TripAdvisor as "one of the best" and a "First Class Private American Hotel." No matter what the economy, McCoy's Inn and Conference Center shows that running leaner and offering the right rate on the right channels has allowed it to beat the trend of declining occupancy.
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