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AmeriSuites Hotels was a hotel chain last owned by
AmeriSuites Hotels was a hotel chain last owned by Global Hyatt
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vaca ...
. It was founded by Mark Yale Harris, cofounder of Red Roof Inn
Red Roof Inn is an American economy hotel chain in the United States. Red Roof has over 600 properties globally, primarily in the Midwest, Southern, and Eastern United States. Red Roof Inn is a pet-friendly hotel chain.
History
The earliest it ...
s. In 1991, Harris founded AmeriSuites Hotels. AmeriSuites was an innovator in offering one of the first available affordable suite accommodations. It grew to approximately 100 locations throughout the United States.
In 1998, AmeriSuites was sold to The Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate bu ...
, who operated AmeriSuites under its Prime Hospitality division.
In 2005 Blackstone Real Estate Partners sold AmeriSuites to Hyatt. Between 2006 and 2009, Global Hyatt Select Hotel Group phased out the AmeriSuites brand and converted the properties into the then-new Hyatt Place brand.
References