AmeriSuites Hotels was an American hotel chain last owned by Hyatt,[1] which merged it into its Hyatt Place brand.
History
It was founded by Mark Yale Harris, cofounder of Red Roof Inns. In 1991, Harris founded AmeriSuites Hotels.[2] AmeriSuites was an innovator in offering one of the first available affordable suite accommodations. It grew to over 100 locations throughout the United States.[3]
In 1998, AmeriSuites was sold to the Blackstone Group, who operated AmeriSuites under its Prime Hospitality division.[4] In 2005 Blackstone Real Estate Partners sold AmeriSuites to Hyatt. Between 2006 and 2009, Hyatt phased out the AmeriSuites brand and converted the properties into the then-new Hyatt Place brand.[5]
References
- Understanding Business Strategy: Concepts and Cases Cengage Learning, 2005, retrieved 2015-02-20^
- From suites to sculpture: Creativity a constant throughout alumnus' career fisher.osu.edu, 2019-10-15, retrieved 2023-09-05^
- Hyatt Corporation Announces Acquisition of Amerisuites Hotels