Industry Update
Press Release24 January 2017

G6 Hospitality Announces Expansion To Central America

Hotel 6 and Estudio 6 Brands to Open Up Ten Properties in Partnership with InterAmerican Development Group Inc.

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Hotel 6

DALLAS -- G6 Hospitality, known for its iconic economy lodging brands, Motel 6 and Studio 6 in the U.S. and Canada, today announced that it is extending its footprint to Central America. The hospitality group signed a new area development agreement with InterAmerican Development Group, Inc. (IADG), to bring its newly designed brands, Hotel 6 and Estudio 6, to Belize, Costa Rica, Panama and more.

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InterAmerican Development Group (IADG) is a new entity formed by Grupo Portalis, Leisure Partners, and Calvet & Asociados with the goal of developing and operating a budget hotel platform in all of Central America under the Hotel 6 and Estudio 6 brands. This development agreement is part of G6 Hospitality's efforts to bring its unique brands to several countries in the region including Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama. With this new partnership, the company plans to expand its portfolio opening up to ten Hotel 6/Estudio 6 properties within the next five years.

"In 2014, we saw an opportunity to expand our footprint to Latin America as a response to increased demand in the region's economy travel segment," said Jim Amorosia, President and Chief Executive Officer at G6 Hospitality. "We initiated our strategic global expansion plan in Mexico and will continue in growing our portfolio to other areas in the region to offer leisure and business travelers in every destination the best budget-conscious lodging options."

The new Central American properties will feature elements of the company's award winning, modern-style Phoenix design. "The new Hotel 6 and Estudio 6 properties will satisfy the growing demand in these important markets while offering travelers everything they need to enjoy a comfortable stay at reasonable rates," said Dean Savas, Executive Vice President of Franchising and International Development at G6 Hospitality. "We are delighted to welcome InterAmerican Development Group into the G6 Hospitality family."

Once completed, these new locations will feature modern rooms and spacious areas for social gatherings as well as unique amenities including food and beverage offering, cable TV, internet parking, and the affordability the iconic brand is known for.

"We are excited to play a part in G6 Hospitality's expansion to Central America, and believe that their proven hospitality formula and our local market knowledge will provide for a very successfully partnership, "said Antonio Maldonado, Director InterAmerican Development Group.

With its established network, ambitious renovation efforts in the US, and the strong appeal of its Motel 6, Studio 6, Hotel 6 and Estudio 6 brands, G6 Hospitality continues to establish itself as the leader of the economy lodging segment in the U.S., Canada and soon to be in Latin America.

For more details on franchising with G6 Hospitality or to learn more about G6 Hospitality's brands, please visit www.g6hospitality.com/franchising

About InterAmerican Development Group (IADG)

InterAmerican Development Group (IADG) is a joint venture formed by Grupo Portalis from Guatemala, Leisure Partners from Mexico, and Calvet & Asociados from Nicaragua to develop economy and select service hotels under the Hotel 6/Estudio 6 brands across Central America. The three groups bring together an extensive experience in hospitality consulting, development, operations, and commercial real estate. InterAmerican Development Group is headed by John McCarthy as Chairman, a former Managing Director of FONATUR, Mexico's Tourism Development Agency, and is led by Antonio Maldonado Ayala as Managing Director.

Related Brands

Hotel 6

With more than 50 years of experience in the hospitality industry, G6 Hospitality introduces two new brands to its portfolio: Hotel 6 and Estudio 6. With these two new brands, the company is delivering on an aggressive plan to expand its business into Latin America, starting in Mexico.
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Estudio 6

With more than 50 years of experience in the hospitality industry, G6 Hospitality introduces two new brands to its portfolio: Hotel 6 and Estudio 6. With these two new brands, the company is delivering on an aggressive plan to expand its business into Latin America, starting in Mexico.
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Other Brands by G6
Estudio 6
Hotel 6
Motel 6
Studio 6

About G6 Hospitality

G6 Hospitality LLC owns, operates, and franchises more than 1,430 economy lodging locations under the Motel 6 and Studio 6 brands in the United States and Canada and the Hotel 6 brand in India. Having opened its 1,000 franchise location in 2018, G6 also has plans to franchise the Hotel 6 and Estudio 6 brands in Central America. Headquartered in Dallas (Carrollton), Texas, G6 Hospitality recently placed 73rd in Entrepreneur Magazine's 40th Annual Franchising 500. The company has also been named a "Best for Vets" employer by Viqtory Publishing and in 2018 was inducted into the Military Spouses Employment Partnership sponsored by the U.S. Department of Defense. For more information please visit www.g6hospitality.com.

Contact
Raiza Rehkoff
Director, Corporate Communications
Phone: 972-360-5970
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