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From Wikipedia, the free encyclopedia

AmeriSuites Hotels was an American hotel chain last owned by Hyatt,[1] which merged it into its Hyatt House brand.

History

A former AmeriSuites hotel.

It was founded by Mark Yale Harris, cofounder of Red Roof Inns. In 1991, Harris founded AmeriSuites Hotels.[2] AmeriSuites was an innovator in offering one of the first available affordable suite accommodations. It grew to over 100 locations throughout the United States.[3]

In 1998, AmeriSuites was sold to The Blackstone Group, who operated AmeriSuites under its Prime Hospitality division.[4] In 2005 Blackstone Real Estate Partners sold AmeriSuites to Hyatt. Between 2006 and 2009, Hyatt phased out the AmeriSuites brand and converted the properties into the then-new Hyatt Place brand.[5]

References

  1. ^ Ireland, R.D.; Hoskisson, R.; Hitt, M. (2005). Understanding Business Strategy: Concepts and Cases. Cengage Learning. p. 145. ISBN 9780324282467. Retrieved 2015-02-20.
  2. ^ "From suites to sculpture: Creativity a constant throughout alumnus' career | Fisher College of Business". fisher.osu.edu. 2019-10-15. Retrieved 2023-09-05.
  3. ^ "Hyatt Corporation Announces Acquisition of Amerisuites Hotels". Hyatt Newsroom. Retrieved 2023-09-05.
  4. ^ "AmeriSuites and Wellesley Inn & Suites Target Leisure Guests With Enhanced Weekend Packages" (Press release). Prime Hospitality Group. PR Newswire. June 19, 2000. Retrieved January 22, 2018.
  5. ^ "Hyatt will rebrand AmeriSuites unit as Hyatt Place". www.travelweekly.com. Retrieved 2023-09-05.
This page was last edited on 21 May 2024, at 14:25
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