Newest Corporate Acquisitions Continue Company's Momentum Toward Attaining 1,200-Property Goal
May 13, 2008 // Franchising.com // - Accor North America, one of the nation's largest owners and operators of economy lodging, announces the acquisition of two new corporate-owned Motel 6 properties. In accordance with the company's ongoing strategy to secure its place as the leader in the economy lodging sector, the following locations are now open:
After eight years without any corporate acquisitions, Accor NA is aggressively pursuing both corporate acquisitions and franchise opportunities toward a goal of reaching 1200 properties by 2010. Accor NA has opened three corporate-owned properties and seven franchised locations since the start of 2008. Of these 10 new properties, one is Studio 6 and nine are Motel 6.
Accor NA, the largest owner/operator in the economy segment, owns approximately 75 percent of its more than 950 locations in the U.S. and Canada. The company plans to double its number of franchise properties within the next three years. This year, Accor NA hopes to open between 50-60 properties with a focus on developing Studio 6 properties.
In 2007, Accor NA opened 37 Motel 6 and Studio 6 locations, including 17 new franchise locations during the fourth quarter.
To learn more about Accor North America, please visit www.accor-na.com. If you are interested in learning more about franchising with Accor, please call 888-842-2942 or email FranchiseSales@accor-na.com.
Motel 6 offers the best price of any national chain at more than 900 company-owned and franchised locations throughout the U.S. and Canada. For 21 years Motel 6 has used the tagline, "We'll leave the light on for you," earning the chain the highest brand recognition in the economy lodging segment. Motel 6 was the first national pet friendly chain, welcoming pets since 1962. Standard amenities include free local phone calls, no long distance access charges, free morning coffee, data ports, and cable channel line-up with premium channels including HBO, ESPN/ESPN2, and CNN. Most locations offer swimming pools and guest laundry facilities. For more information, visit www.motel6.com
Studio 6 is the extended-stay arm of Motel 6. Located across North America in 46 locations, the hotel offers accommodations in major commercial destinations that are perfect for travelers in need of temporary housing. Conveniently located in major business complexes, Studio 6 features comfortable sleeping areas, fully furnished kitchens and all the amenities needed for a transitional housing stay. For reservations or information, visit www.staystudio6.com or call 1-888-897-0202.
Headquartered in Dallas (Carrollton), Texas, Accor North America operates more than 950 upscale and economy properties including nationwide economy leaders Motel 6 and Studio 6 and the upper-upscale Sofitel and upscale Novotel locations in the U.S. and Canada. For more information, visit www.accor-na.com.
Accor, the European leader and a major global group in hotels, the global leader in services to corporate clients and public institutions, operates in nearly 100 countries with 170,000 employees. It offers to its clients over 40 years of expertise in its two core businesses: