studio 6
The Siegel Group Continues Expansion of Its Siegel Select Extended-Stay Brand With Three-Property Acquisition
The Siegel Group | May 18, 2022
LAS VEGAS--The Siegel Group (www.siegelcompanies.com), a real estate investment and management company announced that it had acquired three extended-stay properties for just under $18.94 million. With these acquisitions, The Siegel Group expands its Siegel Select® brand into the new markets of Oklahoma City, Houston and San Antonio and increases the total number of Siegel Suites® (www.siegelsuites.com) and Siegel Select® (www.siegelselect.com) properties throughout the United States to 59. The Siegel Group, which operates a sizable commercial real estate portfolio consisting of apartments, extended-stay hotels, flexible-stay apartmen...
NewcrestImage to Acquire 9 Arizona Properties From G6 Hospitality
NewcrestImage | January 6, 2022
NewcrestImage has reached definitive agreement to purchase nine hotels in Arizona from G6 Hospitality – six branded Motel 6 and three branded Studio 6. The transaction is expected to close in early March. “Acquiring properties, along with developing new hotels, are our two primary investment strategies for achieving growth in 2022,” said Mehul Patel, Chairman and CEO of Dallas-based NewcrestImage. “We look forward to creating fresh opportunities for these nine Arizona hotels in keeping with our operating philosophy, abilities, and track record.” According to Patel, Arizona is an attractive market because it...
G6 Hospitality Announces 2018 Franchise Awards Winners
G6 Hospitality LLC | October 9, 2018
DALLAS, Oct. 9, 2018 -- G6 Hospitality LLC, a leader in the economy lodging segment and known for its brands Motel 6 and Studio 6 in the U.S. and Canada, today announced its 2018 franchise award winners. At the 2018 G6 Hospitality Owner's Conference in Puerto Aventuras, Mexico, G6 Hospitality executives honored 15 franchisees and partners whose contributions have helped strengthen and grow the enterprise with properties that continue to deliver clean, comfortable accommodations and great guest experiences. G6 Hospitality also revealed that year-to-date, 94 properties have opened under the Motel 6 or Studio 6 brands. "We're ...
G6 Hospitality Signs with HKV Hospitality to Develop First Dual-Branded Motel 6 and Studio 6 in Austin, Texas
G6 Hospitality LLC | December 6, 2017
DALLAS--G6 Hospitality, known for its iconic economy lodging brands, Motel 6 and Studio 6 in the U.S. and Canada, announced the signing of a franchise agreement with HKV Hospitality, LLC to develop a new property in Austin, TX. The new construction will feature both Studio 6 and Motel 6 brand offerings in the same location, and it is currently slated for completion in early 2019. Conveniently located outside downtown Austin, the brand-new Motel 6/Studio 6 property will consist of four floors with 98 total rooms and features enhanced architecture along with a large social area for optimum guest relaxation and enjoyment. The modern accomm...
G6 Hospitality Honors 2017 Franchisee of the Year Recipients Along with Top Performer Awards
G6 Hospitality LLC | November 16, 2017
ORLANDO, Fla.--November 16, 2018--G6 Hospitality, the all-American leader in economy lodging and known for its iconic brands Motel 6 and Studio 6, announced the 2017 Franchisee of the Year along with other award recipients as part of the company's annual brand convention held earlier this month at the Grande Lakes Resorts in Orlando. Themed "The Magic Within", the conference celebrated the brand's leading franchisees, including the 2017 G6 Hospitality Franchisees of the Year Rajashekar M. Reddy of the Motel 6 in Marble Falls, Texas and Nilesh (Mike) B. Patel of the Studio 6 in Mesa, Arizona. G6 Hospitality leaders, franchisees and speci...
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