-40%

Motel 6 L.P., 1989 Odd ADR Specimen Stock Certificate, XF JBNC

$ 31.67

Availability: 25 in stock

Description

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Description
Motel 6 is an American privately owned hospitality company with a chain of budget motels in the United States and Canada. Motel 6 also operates Studio 6, a chain of extended stay hotels. The hotel brand is owned by The Blackstone Group, which established G6 Hospitality as the management company for Motel 6 and Studio 6. Motel 6 was founded in Santa Barbara, California, in 1962, by two local building contractors, William Becker and Paul Greene. The partners developed a plan to build motels with rooms at bargain rates. They decided on a .00 room rate per night (equivalent to in 2017) that would cover building costs, land leases, and janitorial supplies; hence the company name "Motel 6".
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