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The low-budget extended stay chain Intown Suites was founded in 1988, with 139 locations in 21 states. 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 ...
Market share declined throughout the 1980s, in part because of increased competition from other budget hotels. During this time, it bought out the Sixpence Inn chain in the western U.S., and Envoy Inn (formerly Budgetel and Bargaintel) [6] in the Midwestern United States and Pennsylvania. [7] Regal 8 Motels were acquired in 1991. [5]
A major chain of budget motels with more than 1,000 locations [22] in the United States and Canada. Motel 6 also operates Studio 6, a chain of extended stay hotels. Pictured is the first Motel 6 in Santa Barbara, California, which remains in business. Motel Inn of San Luis Obispo
Hampton by Hilton, formerly (and still commonly called) Hampton Inn or Hampton Inn & Suites, is an American chain of hotels trademarked by Hilton Worldwide. [2] The Hampton hotel brand is a chain of moderately priced, budget to midscale limited service hotels with limited food and beverage facilities.
In 2001, Intown Suites had a room occupancy rate of 87%, compared with a 73% average for the entire industry. [3] In 2002, Intown Suites expanded by purchasing Suburban Lodges of America for $99 million, [ 4 ] keeping its company-owned properties but spinning off its franchises into Suburban Extended Stay Hotels . [ 5 ]
Extended stay hotels are small to medium-sized hotels that offer longer-term full-service accommodations compared to a traditional hotel. Extended stay hotels may offer non-traditional pricing methods such as a weekly rate that caters towards travelers in need of short-term accommodations for an extended period of time.
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