The status of the economy-hotel segment is markedly different from that of the boom years in the 1980s, this feature says. Average occupancy in U.S. markets has yet to surpass 60 percent for a full year since 1995 as deteriorating supply continues to erode revenue. However, the recent acquisition of the Motel 6 and Studio 6 brands by a Blackstone Group affiliate has raised hopes that the sector will finally see a recovery. Read the HotelNewsNow.com story here.
Go Mini’s plans to revolutionize storage solutions in Hartford
Go Mini’s—the portable storage franchise that offers containers for moving, storage, renovation and restoration needs—is targeting Hartford, Connecticut, for its next wave of growth, with plans to expand into communities throughout the