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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.
Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is a pricing mechanism used by hotels and hotel chains. It was introduced as a result of the hotel industry mimicking the airline industry, which sets price by forecasting demand. There are several interpretations and executions of BAR in the hotel industry.
William Walter Becker (May 18, 1921 – April 2, 2007) was an American hotelier. He is best known for creating the Motel 6 concept of inexpensive motel rooms.. Born in Pasadena, California, he was working as a house painter in Santa Barbara, California when he took a trip in 1960.
This is a list of motels.A motel is lodging designed for motorists, and usually has a parking area for motor vehicles. Entering dictionaries after World War II, the word motel, coined in 1925 as a portmanteau of motor and hotel or motorists' hotel, referred initially to a type of hotel consisting of a single building of connected rooms whose doors faced a parking lot and, in some circumstances ...
SRO units are typically 8 feet by ten feet. [6] While roommates sharing an apartment may also have a bedroom and share a bathroom and kitchen, an SRO tenant leases the SRO unit individually. [7] SRO units are the least expensive form of non-subsidized rental housing, with median rents even in New York City ranging from $450 to $705 per month.
The American Hotel and Lodging Association (AHLA; formerly the American Hotel and Motel Association, and before that American Hotel Association) is an industry trade group with thousands of members including hotel brands, owners, management companies, Real Estate Investment Trusts (REITs), independent hotels, bed and breakfasts, state hotel associations and industry partners and suppliers.
Offset mortgages are helpful because the interest rates on mortgages are higher than the interest rates of a savings account. For example, if one has a home loan of $600,000 at 5% per year and an offset account in which one has deposited $200,000, one would be charged interest only on the $400,000 ($600,000 − $200,000).
This is an accepted version of this page This is the latest accepted revision, reviewed on 5 February 2025. Property with a particular form of ownership or use rights This article is about the type of property ownership. For other uses, see Timeshare (disambiguation). Rutland Hall Hotel timeshare lodges, Rutland (United Kingdom) A timeshare (sometimes called a vacation ownership or vacation ...