Blackstone's Motel 6 investment marks a return of interest in the economy sector
Skift Take
The economy sector is at risk of becoming commoditized and completely replaced by midscale hotels unless efforts are made to distinguish the brands and their benefits from higher-end hotels.
When Randy Smith first started compiling hotel performance data in his basement during the early days of STR, the economy segment was nearly bursting at the seams with demand. But then, the lumbering sav
