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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. Motel 6 also operates Studio 6, a chain of extended-stay hotels.
In comparison, prices at the same Motel 6 will plummet to $90 per night on Monday, Feb. 10, the day after the Super Bowl.. Nightly stays drop as low as $71 in the summer months.
Since 1999 the U.S. budget lodging chain Motel 6, owned by The Blackstone Group (previously Accor), [1] operates Studio 6, a chain of extended stay hotels with weekly rates. The chain provides a kitchen area in its rooms, and allows pets, and operates in 18 U.S. states and Canada.
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] In 2013, the company moved its headquarters from Spartanburg, South Carolina to Charlotte, North Carolina. [8]
The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm Blackstone, which owns Motel 6’s parent company ...
Oct. 22—Sage Investment Group plans to close on the sale of the Motel 6 on Belmont Avenue in Centralia on Halloween, with the hope that in the following year, the building will be transformed ...