G6 Hospitality, known for its economy lodging brands Motel 6 and Studio 6 in the U.S. and Canada, revealed that it hit a milestone of 1,300 open locations in 2015, furthering expansion into Latin America and accomplishing a number of internal brand achievements.
In 2015, G6 Hospitality opened 141 new locations, growing its portfolio of properties to more than 1,330. All openings occurred under franchise contracts, comprising 121 Motel 6 and 20 Studio 6 properties in the U.S. and Canada, representing an added room count of 121,921.
The year's growth demonstrated a 26-percent increase compared to year end 2014, driven by more than 178 deal signings. The enterprise continued to further penetrate Latin America by signing new area development agreements in both Ecuador and Bolivia. Likewise, G6 Hospitality continues commercial discussions to take the Hotel 6 and Estudio 6 brands to Brazil in the future.
G6 Hospitality is forecasting up to 200 new signings and 175 new openings in 2016, including the grand opening of its first two locations in Mexico: Estudio 6 in Puerto Vallarta and Salamanca, which are expected to open mid-year.