Riverboat Inn Becomes a 3 Palms Hotel
MADISON, IN, November 10, 2008. The Riverboat Inn has been witness to much history during its 50 years in a scenic location on the Ohio River in downtown Madison, Indiana - and now it begins an exciting new chapter as a 3 Palms Hotel.
The 26-room, 8-suite property is the latest addition to the family of distinctive, established independent and condo hotels operating under the upscale "3 Palms" brand. The properties are located primarily in resort locations and are rated three-diamond AAA or higher. Currently, six properties are open in central Florida.
"Properties joining 3 Palms like the flexibility of using either the 3 Palms name or retaining their current name and adding a tagline that describes the property as a 3 Palms hotel," said Doug Collins, chairman and CEO of Atlanta-based America's Best Franchising Incorporated, which also operates two of the country's leading upper economy hotel brands - America's Best Inns & Suites and Country Hearth Inns & Suites.
The new property in Indiana, operated by veteran hotelier Kathie Petkovic, will be known as "The Historic Riverboat Inn - A 3 Palms Hotel." It blends elegant modern features such as plush Ralph Lauren bedding and flat screen TV's in every room with the quaint charms of the Delta steamboat era such as wood flooring, fireplaces, waterfalls, and an expansive outdoor deck featuring numerous fire pits - all with a panoramic river view.
Benefits of the 3 Palms brand for owners include sophisticated internet marketing services, aggressive brand support, and a simple, affordable fee structure of $25 per unit per month plus 7% of gross reservation revenues delivered.
Benefits of the brand for travelers include attractive rates for dependable accommodations at full-service resort destinations which feature modern amenities and luxurious furnishings.
America's Best Franchising operates more than 200 properties in the United States, plus has properties in Canada, South America, Asia, and Africa.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
