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In 2018, Red Roof Inn launched HomeTowne Studios by Red Roof, which is a brand with a focus on accommodating longer-term guests. [19] Formerly Crossland Economy Studios, and then Home Towne Suites, HomeTowne Studios by Red Roof underwent a phased launch of over 30 properties across more than 20 markets with nearly 4,000 rooms.
Another temporary wooden structure, it was the world's largest hotel with 2,257 rooms. A grand success, the hotel made Statler a net profit of $361,000 and laid the groundwork for his first permanent hotel. The hotel was then dismantled and sold for scrap. The Inside Inn was near the edge of Forest Park in St. Louis, now traversed by Highway 64/40.
Trueman during practice at the 1986 Indy 500. James R. Trueman (May 25, 1935 – June 11, 1986) was an American businessman and automobile racing team owner. His most successful business ventures were Red Roof Inn motels and the Truesports racing team.
Red Roof Inns scared the bejesus out of investors when it was reported that the operator of budget-priced motels had defaulted on four loans totaling $361.4 million. Worries about the commercial ...
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In 1999, it acquired the US-based economy lodging company Red Roof Inn (322 hotels), and announced the creation of Accor Economy Lodging to bring Motel 6 and Red Roof Inn under one roof. [21] Along with Colony Capital , it acquired the hotel brands Libertel and Demeure (40 properties in Europe). [ 22 ]