Company type | Private |
---|---|
Industry | Lodging, extended stay |
Headquarters | Atlanta, GA |
Website | www |
InTown Suites is an American chain of extended stay properties in the United States, headquartered in Atlanta, GA. InTown Suites has 196 locations in 22 states.
Intown Suites was founded in 1988 by David Vickers. [1] During two decades of existence, Intown Suites has proved to be a very successful business, and is currently one of the fastest growing extended-stay chains. In May 2015, 50 properties were purchased by Starwood Capital Group. [2]
In 1998, Intown Suites expanded from 26 to 76 properties in a $150 million investment, an alternative to going public. 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] In 2006, the company acquired SuiteOne hotels. [6] In 2007, InTown Suites purchased another 12 Suburban Lodge locations in Georgia, Florida and Alabama, plus two additional Suburban Lodge locations in Houston, Texas a year later. In 2014, the company purchased four Savannah Suites location in Hampton Roads, Virginia. In May 2015, the company added another 50 locations. From 2017 to 2019, the company added 8 locations under the Uptown Suites brand.
Currently, InTown Suites offers affordable weekly and monthly rates, depending on market and seasonality. The product offering falls between a traditional hotel and an apartment, with an average length of stay approaching 16 weeks. The company owns and operates all of its locations, rather than franchising them. [7]
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across South America, North America, Europe, Asia, Africa and Australia
Starwood Hotels and Resorts Worldwide, Inc. was one of the largest companies that owned, operated, franchised and managed hotels, resorts, spas, residences, and vacation ownership properties. It was acquired by Marriott International in 2016. Starwood was founded in 1969 as a real estate investment trust. In 1995, it was acquired and reorganized by Barry Sternlicht, who was its chairman until 2005 and founder of the Starwood Capital Group. Starwood had 11 brands and owned, managed, or franchised 1,297 properties comprising 370,000 hotel rooms in approximately 100 countries.
Holiday Inn is a chain of hotels based in Atlanta, Georgia and a brand of IHG Hotels & Resorts. The chain was founded in 1952 by Kemmons Wilson (1913–2003), who opened the first location in Memphis, Tennessee. The chain was a division of Bass Brewery from 1988-2000, Six Continents from 2000-03, and IHG Hotels & Resorts since 2003. It operates hotels under the names Holiday Inn, Holiday Inn Express, Holiday Inn Club Vacations, and Holiday Inn Resorts. As of 2018, Holiday Inn has hotels at over 1,100 locations.
Days Inn is a hotel chain headquartered in the United States. It was founded in 1970 by Cecil B. Day, who opened the first location in Tybee Island, Georgia. The brand is now a part of the Wyndham Hotels and Resorts, headquartered in Parsippany, New Jersey, which used to be a part of Cendant. As of December 31, 2023, Days Inn includes 1,501 locations worldwide with 114,216 rooms.
Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. Marriott International owns over 36 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network. Marriott International is headquartered in Bethesda, Maryland. The company is the successor to the hospitality division of the Marriott Corporation, founded by J. Willard Marriott (1900–1985) and his wife Alice Marriott (1907–2000).
Sheraton Hotels and Resorts is an American international hotel chain owned by Marriott International. As of June 30, 2020, Sheraton operates 446 hotels with 155,617 rooms globally, including locations in North America, Africa, Asia Pacific, Central and South America, Europe, the Middle East and the Caribbean, in addition to 84 hotels with 23,092 rooms in the pipeline.
Red Roof Inn is an American economy hotel chain based in the United States with over 600 properties globally, primarily in the Midwest, Southern, and Eastern United States. Red Roof Inn is a pet-friendly hotel chain.
Choice Hotels International, Inc. is an American multinational hospitality company based in North Bethesda, Maryland. The company, which is one of the largest hotel chains in the world, owns various hotel brands ranging from upscale to economy. As of the third quarter 2023, Choice Hotels franchised nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories.
Candlewood Suites is a hotel chain brand owned by IHG Hotels & Resorts.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
Econo Lodge is a budget motel chain based in the United States and Canada and one of the larger subsidiaries of Choice Hotels. The properties contain a minimum of 40 guest rooms and are often located near highways or highway access. All hotels provide a free breakfast. As of December 31, 2022, there are 759 Econo Lodge hotels open with 44,697 rooms. There are Econo Lodge motels in every US state and Canadian province.
Rodeway Inn is a chain of economy-priced hotels in the United States and Canada. Founded by Michael Robinson in 1962, the franchise is now led by Choice Hotels corporation.
Hawthorn Suites is a chain of hotels in the United States owned by Wyndham Hotels and Resorts.
Microtel by Wyndham is a brand of Wyndham Hotels and Resorts for franchise hotels.
An apartment hotel or aparthotel is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.
Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH Hospitality, Inc., a real estate investment trust and the owner of the hotels. As of 2022, there are 650+ Extended Stay America branded hotels.
Westin Hotels & Resorts is an American upscale hotel chain owned by Marriott International. As of June 30, 2020, the Westin Brand has 226 properties with 82,608 rooms in multiple countries in addition to 58 hotels with 15,741 rooms in the pipeline.
Vantage Hospitality Group Inc. was an American hotel corporation, operating hotels in the United States and internationally. Its brands include Best Value Inn and Lexington by Vantage. In 2016, Vantage Hospitality Group was acquired by Red Lion Hotels Corporation.
Red Lion Hotels Corporation, doing business as RLH Corporation, is an American hospitality corporation that primarily engages in the franchising, management and ownership of upscale, mid-scale and economy hotels. Red Lion, headquartered in Denver, Colorado, has 90,000 rooms across more than 1,400 properties in North America.
Starwood Capital Group is an investment firm headquartered in Miami Beach, Florida. It is managed by Barry Sternlicht. It was co-founded by Sternlicht and Robert Faith in 1991. In 1993, Faith left Starwood to found Greystar Real Estate Partners.