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Archive: July 12, 1999
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SLEEP CHEAP, SELL HIGH--The latest version of a Red Roof Inn is seen in downtown Columbus, Ohio, on Monday, July 12, 1999. The Hilliard, Ohio, based motel chain jointly announced that Paris-based Accor would accquire the company for $1.1 billion. Accor also decided to "leave the light on," by picking up Motel 6 . (JACK KUSTRON/photoj.com)


NEW OWNERS FOR THE ROOF--Red Roof Inns CEO Francis "Butch" Cash gestures during a news conference, to announce that Red Roof Inns Inc. would be acquired by the French company Accor S.A., in Columbus, Ohio, on Monday, July 12, 1999. (JACK KUSTRON/photoj.com)