Wow I don’t remember any price close to that. $35 is the lowest…I remember when Motel 6 was $6.95 per night and they were clean. If a business gets the price they want and have the same amount of sales the price is good.
before my time, but yep, that's where Motel 6 and Super 8 got their names....$6/night, and $8/night.I remember when Motel 6 was $6.95 per night and they were clean. If a business gets the price they want and have the same amount of sales the price is good.
For some perspective, these 80-room, 2 and 3 star, Comfort Inn, America’s Best type places in the middle of nowhere are selling for $4-6MM. They get about 40-60% occupancy over the course of a year.
The $100-$120/night goes to the corporate entity as part of the operating agreement, debt service, staff, supplies, breakfast buffet, capital expenditure for wear and tear and remodeling, utilities and hopefully a profit for the owner after it’s all said and done.
Many of the owners are foreigners and live in a unit to try and save costs. It’s not a life I’d want but probably beats where they moved from.
Hey look it's a car wash for people!!
Checked into the Grand Hyatt at DFW earlier, it is a bit north of $200 but south of $300. We did get an upgraded room for being Globalist, but even the regular room would be very nice for a price tag in the $200's. Continue on to Seoul with American in the morning, the flight from PHX to DFW was very enjoyable as is my usual experience with AA. That shower with eight shower heads spraying on you is AMAZING!
I'm finding lots of these types of places that aren't part of a big franchise, but get good reviews are the way to go for cheap decent accommodations.For some perspective, these 80-room, 2 and 3 star, Comfort Inn, America’s Best type places in the middle of nowhere are selling for $4-6MM. They get about 40-60% occupancy over the course of a year.
The $100-$120/night goes to the corporate entity as part of the operating agreement, debt service, staff, supplies, breakfast buffet, capital expenditure for wear and tear and remodeling, utilities and hopefully a profit for the owner after it’s all said and done.
Many of the owners are foreigners and live in a unit to try and save costs. It’s not a life I’d want but probably beats where they moved from.
I have a "sister" who works for Marriott. Her "employee" rate either exist and is really a great deal (i.e. $100/night in a place that usually charge $250) or the demand is high enough that they won't work during those nights there, and their "family" rate is not any better than a competitor on Hotels.com with discount. To get on those employee rates you have to ask the employee to sign a form with the boss to add you on the account, not just a "code" you email to your buddy.What's funny about the secret rates....a contractor told me he tries them, and chooses the cheapest. I am only repeating what he told me....AAA, IBM, MMM, on and on. I'm sure these are on the web.
There is no need for me to do that since all our travel must go through SAP Concur. I think those secret rates are about as mysterious as a rock auto 5% discount code
Exactly, most people have no idea how much it cost to run a hotel that is no guarantee on vacancy rate.For some perspective, these 80-room, 2 and 3 star, Comfort Inn, America’s Best type places in the middle of nowhere are selling for $4-6MM. They get about 40-60% occupancy over the course of a year.
The $100-$120/night goes to the corporate entity as part of the operating agreement, debt service, staff, supplies, breakfast buffet, capital expenditure for wear and tear and remodeling, utilities and hopefully a profit for the owner after it’s all said and done.
Many of the owners are foreigners and live in a unit to try and save costs. It’s not a life I’d want but probably beats where they moved from.
In 1995 a lunch of the day can be $5. Now it is likely $20. Come on there's no point looking back. No way would Chevron and Shell dino be sold for 29c/qt after rebates today.Wow I don’t remember any price close to that. $35 is the lowest…
In 1999–the cheapest rental car at PHL was $12.95. That I remember…