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Motel 6 was founded in Santa Barbara, California, in 1962, by two local building contractors: William Becker and Paul Greene. [3] The partners developed a plan to build motels with rooms at low cost rates. They decided on a $6 room rate per night (equivalent to $60 in 2023 [4]), which would cover building costs, land leases, and janitorial ...
Super 8 by Wyndham, commonly known as Super 8, is an American hotel brand, being the world's largest budget hotel chain with over 2,600 locations worldwide. The chain is a subsidiary of Wyndham Hotels and Resorts. [3] The original room cost was $8.88 per night. [4] As of December 2022, the brand website listed 2,691 hotels worldwide. [5]
The post-war 1950s ushered in a building boom on a massive scale. By 1947, approximately 22,000 motor courts were in operation in the U.S. alone; a typical 50-room motel in that era cost $3000 per room in initial construction costs, compared to $12,000 per room for metropolitan city hotel construction. [12]
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Last year, I flew to Madrid, stayed five nights at a four-star hotel, and saw the show with VIP tickets for less than $2,500. The average price of an Eras ticket in Miami was $2,660.
Resort fees in Nevada are treated and taxed as a hotel room at hotel occupancy tax. Both hotel rooms and resort fees in Nevada are taxed at 13.38%. [64] [65] Resort fees at many hotels in New York are taxed at 8.875% instead of the hotel occupancy tax of 14.75%. [47] There is a 5.875% tax loss for New York City per resort fee per room per night ...
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