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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 ...
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.
Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH Hospitality, Inc. , a real ...
It plans to change from weekly to fortnightly collections, which would save £2.6m this year and £4m in subsequent years, it said. Most of the savings this year would be made by sacking about 35 ...
ExecuStay was founded in 1987 and was one of the first corporate housing providers to offer its stock for sale to the public in August 1997. ExecuStay Corporation was purchased by Marriott International in 1999, and was renamed ExecuStay by Marriott. [1]
During its early years, TraveLodge emphasized itself as a budget motel chain that offered functional accommodations at rates lower than other chains. TraveLodge also emphasized that its motels were centrally located in or near downtown areas in order to be convenient to local restaurants, churches, theatres, shopping areas and tourist attractions.
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