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For example, in Chicago 81% of the SRO housing stock disappeared between 1960 and 1980. [13] Since the early 1970s, the supply of SRO spaces did not meet the demand in US cities. [10] In 1970, newspapers in the US wrote about an "SRO [supply] crisis". [10] Downtown SRO hotels offer few and possibly no rooms to rent to tourists. [10]
The East Bay Express, which serves the San Francisco Bay area, was co-founded in 1978 by Nancy Banks, a co-founder of the Chicago Reader, and editor John Raeside. Chicago Reader owners invested in the paper and eventually CRI held a major stake. The paper was sold in 2001 to New Times Media, which became Village Voice Media and in 2007 sold it ...
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.
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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 ...
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