Abstract:
Rising rates in full-service motels, like Holiday Inn and Ramada Inn, have created a gap between them and the lowest motel chain, Motel 6. Enter Days Inn of America, Red Roof Inn, Super 8 Motel and others to fill the gap between the high and low places. This means big profits for two North Carolina-based economy chains - Charlotte-based Econo Lodges of America and Winston-Salem-based Cricket Inn.