who owns red roof inn hotels

Red Roof Inn is owned by a mix of companies and individual owners. A group of investors led by Morgan Stanley owns the Red Roof Inn brand. However, many of the hotels themselves are owned by independent franchisees. These franchisees are small business owners who run their individual locations, but they operate under the rules and brand standards set by Red Roof Inn's corporate team. While the corporate group sets the overall direction, the daily operations and ownership of a specific hotel are often handled at a local level. For guests using a '35 off vp+ promo code at red roof inn,' this coupon offers significant savings. It is part of a program designed to give special guests the best available rate, ensuring they always get the lowest price when booking.

FAQs about Superbox and Legality

Who owns Red Roof Inn?

Red Roof Inn is currently owned by a private equity group. Morgan Stanley Real Estate Fund did own the brand in the 1990s but sold it to Accor in 1999. Accor then sold the brand in 2007. Today, the brand is operated by Red Roof Franchising, LLC, with many of its individual hotels owned and operated by a network of independent franchisees.

What is the "35 off VP+ promo code at Red Roof Inn"?

The '35 off VP+ promo code at Red Roof Inn' is a promotional offer designed to provide guests with a discount on their stay. This kind of "VP+" or "Value Plan" code is part of the company's marketing strategy to attract and reward specific customers with a lower rate than the standard public price.

When was Red Roof Inn founded and what is its history?

Red Roof Inn was founded in 1972 by James R. Trueman. He aimed to provide clean, comfortable, and affordable lodging. The company grew steadily, and after his death, it was sold to the Morgan Stanley Real Estate Fund. The chain continued to expand and was later sold to French company Accor. After a subsequent sale, the brand became a privately held company focused on franchising.

How many locations does Red Roof Inn have today?

As of recent reports, Red Roof Inn has over 700 locations across the United States, as well as in other countries like Japan and Brazil. The brand has expanded its portfolio to include different lodging options, such as Red Roof PLUS+ and HomeTowne Studios by Red Roof, to cater to various guest needs.

What is the business model of Red Roof Inn?

Red Roof Inn operates primarily as a franchise system. While the corporate entity owns a small number of locations, the vast majority are independently owned and managed by franchisees. This model allows the company to expand its brand presence quickly while individual owners handle the day-to-day operations of their specific hotel.