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The first hotel, still operating at 865 North Military Highway in Norfolk, was built for $275,000. Its daily rate for rooms was $7 single, $9 double, and $11 for four. Tarbutton sold the chain, which had 306 locations, in 1983 for $836 million. He had begun to change the name on all locations to Econo Lodge in the latter 1970s.
Newer properties, as well as acquisitions, have interior corridors. Its competitors include America's Best Value Inn, Days Inn, Econo Lodge, and Super 8 Motels. In 1999, Motel 6 launched Studio 6 Extended Stay, hotels with suites that are designed for longer stays and feature kitchenettes.
Northland Properties Corporation is the parent company of multiple hotel chains, restaurants, sports teams, and Northland Asset Management Company. [1] Northland was founded in 1963 and is owned by the Gaglardi family. [2]
Beloved entertainer Dolly Parton just opened a new resort hotel at Dollywood in eastern Tennessee. Take a peek inside. ... and Gatlinburg – generated nearly $3.8 billion in visitor spending in ...
Gatlinburg is a mountain resort city in Sevier County, Tennessee.It is located 39 miles (63 km) southeast of Knoxville and had a population of 3,944 at the 2010 Census [7] and a U.S. Census population of 3,577 in 2020. [8]
At the time of the merger, Extended Stay America operated 475 hotels; Blackstone increased that number with the addition of 132 from Homestead Studio Suites. [9] [10] Homestead, which was founded by Security Capital in 1992, had been acquired by Blackstone in November 2001 for US$740 million. All of Blackstone's extended-stay hotels consisting ...
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