The business land market has been a tough one, therefore too is the business travel industry. For those who do a ton of travel and notice themselves operating on location, well, they notice what a nice service that Extended Keep Motels are. And with their several locations round the country, they create a nice asset to any company touring, or govt caught between locations for extended periods or days on end. Over the years, I?ve enjoyed the good rooms, WiFi, desks, services, and simple use. Indeed, the costs are good too. Well, it seems that thanks to the tough economy Extended Stay got a very little over extended in debt. With Bankruptcy options nearing crunch time it seems that the corporate will be sold to one of their competitors that hopes to expand into their market. Extended Stay incorporates a smart bit of market share, and it seems a multi-billion greenback deal is in the works, that means somebody can take over that debt, and roll into the economic growth amount and into the positive business cycle with one in every of the simplest brands in the business. Apparently, CenterBridge, Paulson, Goldman, CitiGroup, and others will get this deal done. This adds 700 locations to the competitor who takes them over. This will be one among the largest business assets deals within the hotel industry in quite a while. If the deal will get done, it is sensible to stay the complete name as it is well traveled by seasoned business people who are busy making this world go around. Before retirement within the franchising industry, we have a tendency to made certain to remain at one in all their locations whenever attainable, it simply made life easier once we were putting in place new franchisees around the country. We have a tendency to required a short lived base of operations and we were in a position to use these facilities to launch our Bonzai and Blitz selling missions to attract new clientele in the market for our new franchisee team members. Sensible security, good service, and every one the items you need when you?re at you office aloof from home. Best of all with their large parking heaps and great locations, we have a tendency to could park our mobile command center within the parking heap solely miles from all our potential new customers. It?s smart to work out that Extended Keep is here to remain and that they?ve extended their lease on life despite the bankruptcy. Therefore, this is a deal to watch and one that can create a ton of traveling executives happy to see. Please consider all this.
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