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The hotel was managed by Radisson Hotels through much of the 1990s as the Radission Plaza Lord Baltimore. The FDIC sold the hotel to Universal Equities, a Washington, D.C. group, in 1992 for $8.5 million. [ 6 ]
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Hotel managers were incentivized based on the savings they could make on each sale. [3] By 1975, the company, then known as Chalet Susse International, had 15 motels. Early properties were traditional two-story units with all-exterior corridors. In 1983, the company opened its first multi-story facility in Manchester, New Hampshire. This new ...
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.
New retail spaces in Baltimore have been built from the ground up, and many older buildings have been transformed into new spaces. One example of the gentrification of an older building in Baltimore is the Sagamore Pendry Hotel, which is now a luxury boutique hotel in a gentrified area, but it used to be a pier where new immigrants arrived. [7]
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