Hotel Online 
News for the Hospitality Executive

advertisement 
 
After 45 Years in the Hotel Business, Pioneering
 Long Island Hotelier Mel Goodman Retiring
By Daniel Wagner, Newsday, Melville, N.Y.McClatchy-Tribune Business News

Sep. 21, 2006 - After 45 years in the hospitality business, a pioneering Long Island hotelier is calling it quits. Mel Goodman, whose Island Hospitality Corp. owns Econo Lodge franchises in Ronkonkoma, Bay Shore and Smithtown expects to close a sale today to North Bergen, N.J.-based Ratan Hospitality Group Llc.

Goodman, a Bellport resident and former president of the Long Island Hotel and Motel Association, said that when he built the Ronkonkoma hotel, his first, in 1961, "there were only two other things" on the Veterans Memorial Highway -- another motel and a gas station.

"Back then, when a car went by, we used to go, 'Whoopee!'" he said.

In those days, the Ronkonkoma site was called the Eden Rock Motel. Later, when he opened the Bay Shore and Smithtown facilities, he called them Summit Motor Inn and Smithtown Motor Lodge. But in the early 1990s, facing competition from national chains, he decided to establish his properties as franchises of what he called a "mid-scale economy" brand.

Goodman said he signed the sale contract with Ratan in July for one reason: "It's time to retire."

"We've been here a long time -- we're part of the landscape," he said.

The three hotels, which total 140 rooms, had been on the market for almost a year, Goodman said.

Ratan, based in North Bergen, N.J., owns 15 hotels in northern New Jersey and New York, including a Day's Inn in Brooklyn. These will be its first Long Island properties.

Maheshchand Ratanji, one of the group's owners, confirmed the planned closing but declined to comment further.

-----

Copyright (c) 2006, Newsday, Melville, N.Y.

Distributed by McClatchy-Tribune Business News. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.


To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch
Home | Welcome| Hospitality News | Classifieds| One-on-One |
Viewpoint Forum | Ideas&Trends | Press Releases
Please contact Hotel.Onlinewith your comments and suggestions.