STUDIO PLUS HOTELS, INC. OPENS 32nd HOTEL.LEXINGTON, Ky.--(BUSINESS WIRE)--Dec. 4, 1996--Studio Plus Hotels, Inc. (Nasdaq: SPHI) today announced the opening of its newest hotel in Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. . This is the company's second hotel in the Raleigh-Durham area and the 10th hotel the company has opened in 1996. The new Raleigh hotel brings to 32 the number of StudioPLUS hotels in operation. The newest StudioPLUS hotel is a three story, all-brick, 72 suite extended-stay hotel located at 921 Wake Town Drive in the Northern section of Raleigh. It is located adjacent to Interstate in·ter·state adj. Involving, existing between, or connecting two or more states. n. One of a system of highways extending between the major cities of the 48 contiguous United States. Noun 1. 440 and is about a 10 minute drive from downtown Raleigh and the state capital. It is also near North Carolina State University History
1. See under Crab. Valley Mall Valley Mall may refer to:
Currently, there are 14 StudioPLUS hotels under construction, and approximately 70 additional sites identified or under various stages of development throughout the country, including 26 sites under contract. StudioPLUS hotels are mid-priced, extended-stay hotels designed to combine the convenience of a hotel with many of the comforts of an apartment to provide lodging Lodging or holiday accommodation is a type of accommodation. People who travel and stay away from home for more than a day need lodging mainly for sleeping. Other purposes are safety, shelter from cold and rain, having a place to store luggage and being able to take a value for guests that prefer consistent, high quality accommodations. A typical StudioPLUS guest is a white-collar professional, traveling on business or relocating, usually staying for one week or longer. Each suite features a fully equipped kitchen, free local telephone calls, voice mail, a computer data port, and remote control satellite or cable television service. Amenities typically include an exercise room, an on-site coin-operated laundry Laundry can be:
Before industrialization , interior corridors and a seasonal swimming pool. Depending on location, length of stay and time of year, weekly rates will range from approximately $250 - $350 per week. Reservations can be made at any of our hotels by dialing 1-800-646-8000. CONTACT: Studio Plus Hotels, Inc., Lexington Analyst/Investor Relations: James C. Baughman, Jr., 606/335-7728 Media: Rick Bubenhofer, 606/335-7714 |
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