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In 2001, Intown Suites had a room occupancy rate of 87%, compared with a 73% average for the entire industry. [3] In 2002, Intown Suites expanded by purchasing Suburban Lodges of America for $99 million, [ 4 ] keeping its company-owned properties but spinning off its franchises into Suburban Extended Stay Hotels . [ 5 ]
Atlanta can get stiflingly hot and humid in the summer – this is the South after all – and rates are often higher between June and August as this is peak season for domestic tourists.
The Atlanta Biltmore Hotel and Biltmore Apartments is a historic building located in Atlanta, Georgia. The complex, originally consisting of a hotel and apartments, was developed by William Candler, son of Coca-Cola executive Asa Candler, with Holland Ball Judkins and John McEntee Bowman. The original hotel building was converted to an office ...
Motel 6 also operates Studio 6, a chain of extended-stay hotels. Since 1986, the chain has also run radio advertisements narrated by Tom Bodett and featuring the slogan "we'll leave the light on for you". In 2012, The Blackstone Group acquired the hotel brand from Accor Hotels, and began managing it as part of its real estate business.
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They acquired the Suburban Extended Stay hotel chain in 2005, with over 150 hotels open and under development. The low-budget extended stay chain Intown Suites was founded in 1988, with 139 locations in 21 states. Since 1999 the U.S. budget lodging chain Motel 6, owned by The Blackstone Group (previously Accor), [1] operates Studio 6, a chain ...
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