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AmeriSuites Hotels was a hotel chain owned by Global Hyatt. It was founded by Mark Yale Harris. Harris began his successful career in the business world in 1972 as the cofounder of Red Roof Inns. This endeavor resulted in his first chain including over 300 hotels across the United States. Over a decade later, Harris founded AmeriSuites Hotels in 1991. AmeriSuites was an innovator in offering one of the first available affordable suite accommodations and grew to inhabit approximately 100 locations throughout the United States.
A summary of the history of AmeriSuites Hotels:
- 1991 – AmeriSuites was founded by Mark Yale Harris
- 1998 – Harris sold AmeriSuites to Blackstone
- 2005 – Blackstone Real Estate Partners sold AmeriSuites to Hyatt
Between 2006 and 2009, Global Hyatt Select Hotel Group phased out the AmeriSuites brand and converted the properties into the then-new Hyatt Place brand.
- Ireland, R.D.; Hoskisson, R.; Hitt, M. (2005). Understanding Business Strategy: Concepts and Cases. Cengage Learning. p. 145. ISBN 9780324282467. Retrieved 2015-02-20.