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Motel 6 is an American chain of motels with locations in the United States and Canada. The chain was founded in Santa Barbara, California, in 1962 by William W. Becker and Paul Greene, and derives its name from the fact that rooms initially cost only six dollars.
Hawthorn Suites is a chain of hotels in the United States owned by Wyndham Hotels and Resorts. Hawthorn Suites, Ann Arbor, MI. This location has since become a Residence Inn. Most Hawthorn Suites offer amenities such as meeting rooms, exercise facilities, swimming pools, and a free hot buffet breakfast and dinner.
Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997. [5] The company also developed the Crossland Economy Studios brand as a budget extended-stay hotel brand. [6] The 47 unit Crossland brand was sold to Westmont Hospitality Group for $285 Million in December, 2015. [7]
The Marriott hotel chain began when the Hot Shoppes, Inc. restaurant company decided to diversify into hotels. Its first hotel opened in 1957 in Virginia, the Marriott Motor Hotel, adjacent to The Pentagon and Washington National Airport. [4] The company's second hotel was the nearby Marriott Key Bridge Motor Hotel, which opened in 1959. [5]
From 2003 to 2015, the company sold around 200 hotels for a total of almost $8 billion, [20] [21] leaving only 7 owned or leased properties in the portfolio. [22] In 2004, IHG acquired the Candlewood Suites brand, a midscale extended stay hotel brand with 108 franchised properties in the United States, for $15 million.