Red Roof Inn is an American economy hotel chain based in the United States with over 600 properties globally, primarily in the Midwest, Southern, and Eastern United States. Red Roof Inn is a pet-friendly hotel chain.[1]
History
Foundation and early years
The earliest iteration of the Red Roof Inn was founded in Columbus, Ohio, in 1973. Its founder was American businessman and automobile racing team owner Jim Trueman.[2] Trueman died in 1986. The company remained in the hands of the Trueman family for eight years after his death.
In 1994, The Morgan Stanley Real Estate Fund purchased Red Roof from the Trueman family. In 1997, they began to franchise the company with their first franchised location in Branson, Missouri. In 1999, the company was purchased from the Morgan Stanley Real Estate Fund by French hospitality management company