| Headquarters | China |
|---|---|
| Products | Hotels |
Motel 168 (Chinese:莫泰168;pinyin:Mòtài 168) is a hotel brand ofHome Inn. It used to belong to Shanghai Motel Management Co., Ltd. The company was owned by Shanghai Merrylin Restaurant Management Co., Ltd (S: 上海美林阁餐饮经营管理有限公司) and Merrylin Hotel Management Co., Ltd.[1] The Shanghai Merrylin company had its headquarters inChangning District,Shanghai.[2]
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In 2006Morgan Stanley purchased 20% of the Motel 168 company for $20 millionUnited States dollars.Morgan Stanley bought shares of Motel 168 two additional times to give it a total ownership of 59%.[3]
As of 2008, Motel 168,Home Inn, andJinjiang Inn together controlled 44% of China's budget hotel market.[4] In March 2011Morgan Stanley indicated its desire to sell the company, soHome Inn,Hanting Hotel Group, andShanghai International Jin Jiang Hotel Group, andAccor were among potential bidders which expressed interest in acquiring Motel 168.[3] Home Inn acquired Motel 168 in October 2011.[5]
Motel 268 was the economy brand of Motel 168. Jiazhen Huo and Zhisheng Hong, authors ofService Science in China, wrote that 268 was a part of the company's multi-branding strategy.[6] Motel 168 locations included Merrylin Cafeteria, which served European-esque food.[1]
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