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Econo Lodge
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Econo Lodge is a budget chain based in the and and one of the larger subsidiaries of . The properties contain a minimum of 40 guest rooms and are often located near highways or highway access. All hotels provide a free breakfast. , there are 759 Econo Lodge hotels open with 44,697 rooms. There are Econo Lodge motels in every US state and Canadian province.


History
The company began in Norfolk, Virginia by developer Vernon Myers and his son, Vernon Jr. in 1969 as Econo-Travel and they were joined by Lloyd , a local businessman. took on the project, finding investors and money, as well as doing extensive , to see if the concept would work. The chain's in the early days was "Sandy", a girl in a short Scotch skirt and tam. The first hotel, still operating at 865 in Norfolk, was built for $275,000. Its daily rate for rooms was $7 single, $9 double, and $11 for four.

sold the chain, which had 306 locations, in 1983 for $836 million. He had begun to change the name on all locations to Econo Lodge in the latter 1970s. The brand went through ups and downs and a number of owners after the founders sold out. It was eventually acquired by a fund advised by investor Paul Wallace, who refurbished it, mended relations with franchisees, and then sold it to what is now [[Choice Hotels]] International in 1990. It is the more upscale of the group's economy brands; its sister brand, [[Rodeway Inn]], usually has fewer amenities.
     


See also
  • List of motels


External links

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