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Ron Rivett is an American
Ron Rivett is an American entrepreneur
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
. He is best known for being founder of Super 8 Motels and My Place hotels. By 1993, Super 8 had 1,000 locations worldwide. Super 8 grew to be the largest budget hotel chain in the world. In 1993, Rivett sold Super 8 Motels to Hospitality Franchise Systems
Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New Yo ...
for $125 million.
In 2012, he founded My Place Hotels of America, which is known for its brands My Place Hotels and Trend Hotels & Suites. Rivett currently serves as the chairman for My Place Hotels of America.
Education
Rivett graduated fromNorthern State University
Northern State University (NSU) is a public university in Aberdeen, South Dakota. NSU is governed by the South Dakota Board of Regents and offers 45 bachelor's degrees, 53 minors, six associate degrees, 16 pre-professional programs, 23 certifi ...
with a degree in business in 1963 and received an honorary “Doctorate of Humane Letters
The degree of Doctor of Humane Letters (; DHumLitt; DHL; or LHD) is an honorary degree awarded to those who have distinguished themselves through humanitarian and philanthropic contributions to society.
The criteria for awarding the degree differ ...
” from NSU in 1990.
My Place Hotels of America
My Place Hotels of America is a hospitality company in the United States headquartered inAberdeen, South Dakota
Aberdeen (Lakota language, Lakota: ''Ablíla'') is a city in and the county seat of Brown County, South Dakota, Brown County, South Dakota, United States, located approximately northeast of Pierre, South Dakota, Pierre. The city population was 2 ...
.
The company announced My Place Hotels alongside its franchising system in 2014. The brand was founded by Rivett and grandson Ryan (Rivett) in 2012. The hospitality company had 56 My Place Hotels open across 27 states as of June 2020.
The company announced a new brand, Trend Hotels & Suites, in June 2020.
References