Motels Could Be The Right Fit For Opportunity Zones

Budget and value hotels are poised to see a boost in investments via the opportunity zones program, experts told Bisnow last week.

G6 Hospitality Vice President of Franchise Development Jeff Stephenson said that in the past year, he has already heard from more than two dozen investors and current motel owners exploring ways to take advantage of the federal tax program. G6 Hospitality oversees more than 1,400 Motel 6 and Studio 6 extended-stay brands in the U.S. and Canada...

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RSK: Yes, hospitality is one use but I am not sold on them bringing or creating that many jobs at the wages they pay.