Budgetel

Budgetel Franchise System is an American based motel franchiser to United States and Canada. The current Budgetel was establised in Atlanta, Georgia, 2007 by brothers Mike and R. C. Patel who bought the brand from Blackstone Group. [ [http://www.budgetel.com/inthenews.asp#press Budgetel Franchise System, LLC ] ] As of June, 2008, there are five locations in three states.

Locations

*Montgomery, AL
*Atlanta, GA
*Decatur. GA
*Bossier City, La
*New Orleans, La

Former Budgetel 1973-1999

Budgetel began in December 1973 when Steven Marcus opened the first Budgetel Inn in Oshkosh WI. The Budgetel brand had been shuttered since 1999, when the brand was reflagged as Baymont Inn & Suites. Blackstone had acquired the brand as part of its 2005, $3.4 billion purchase of La Quinta Management LLC, which included The Baymont Inns & Suites brand at the time and the retired Budgetel brand.

External links

* [http://www.Budgetel.com The New Budgetel]
* [http://www.blackstone.com/ The Blackstone Group website]
* [http://www.LQ.com La Quinta]
* [http://www.baymontinns.com Baymont Inn & Suites Website]

References