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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.
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The first Super 8, with 60 rooms, opened in Aberdeen, South Dakota, in 1974, [6] built near a Holiday Inn with just some drawings made by Rivett as blueprints. The stucco exterior with an English Tudor style was inspired by Rivett's father-in-law, who was a stuccoer; the English Tudor style and placing of Super 8's near Holiday Inns was an ...
Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997. [5] The company also developed the Crossland Economy Studios brand as a budget extended-stay hotel brand. [6] The 47 unit Crossland brand was sold to Westmont Hospitality Group for $285 Million in December, 2015. [7]
Everglades, Florida. Population 65+ (%): 38% Livability: 70 Annual cost of living: $49,522 Annual cost after Social Security: $27,012 How many years $250K will last: 9.26 For You: I’m a 70-Year ...
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TraveLodge also emphasized that its motels were centrally located in or near downtown areas in order to be convenient to local restaurants, churches, theatres, shopping areas and tourist attractions. Today, however, there are many different hotel "tiers" that Travelodge offers, from budget-priced properties to full-service high-rise hotels.