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Space industry
Jeff Bezos successfully completes space flight
...The New Shepard rocket, named after the US astronaut Alan Shepard, launched from a site near Van Horn, a strip of shabby motels surrounded by sagebrush and scrubland where locals have been hoping for an...
July 20, 2021
Renewable energy
Approaching eclipse sheds light on US solar energy expansion
...Highway patrols have warned of traffic jams on back roads, motels in obscure hamlets are booked solid and online vendors have exhausted supplies of safety eyewear....
August 18, 2017
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
US & Canadian companies
Vice Media nears sale of stake to A&E
...A&E specialises in reality fare such as Duck Dynasty, Storage Wars and Epic Ink, but also produces drama series like Bates Motel....
August 29, 2014
European companies
Accor toils in ‘complex environment’
...Net profit for the first six months was €34m compared with a net loss during the same period of 2012 of €532m – thanks to the disposal of the group’s Motel 6 chain in the US....
August 28, 2013
European companies
Accor chief ousted over slow pace of turnround
...The Paris-based group, whose brands include Sofitel and Ibis, the budget chain, reported a net loss of €599m last year against a €27m profit in 2011, mainly because of a €679m loss on the sale of Motel 6...
April 23, 2013
European companies
Accor’s upbeat outlook for year ahead
...Analysts value Motel 6 at about €400m, but this value is likely to be eroded if Accor buys out a group guarantee on leases....
February 22, 2012
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
European companies
Accor chief plans ambitious expansion
...He also would not comment on whether the group would sell Motel 6, the underperforming US economy chain. Net debt, which more than halved to €730m, would fall to close to zero by the end of the year....
February 24, 2011
European companies
Accor stands by demerger decision
...The loss was triggered by €514m of writedowns and losses, in part from Motel 6, its US budget hotel brand....
February 24, 2010
US downturn
Blackstone fever fails to lift Wall St
...Equity Inns jumped 15.4 per cent to $22.71 this week after the hotel and motel real estate investment trust was bought for about $1.26bn by a private real estate trust....
June 22, 2007
World
Observer - US
...He contrasted BKF’s executive pay, habit of using Lincoln Town Cars and opulent offices with his own spending habits: “We stay at $39.95 motels . . . if the bathroom glasses are not wrapped in paper, we...
November 28, 2005

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