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Yearly Media Archives: 2000

March 3, 2000 • Posted in: Media Coverage
Chain founder’s ride is over – Over 33 years, Fred Roedel saw Susse Chalets come to rival some of the big names in budget hotels but a recent offer to sell was too good.

Author(s): DAVID APONOVICH, Telegraph Staff When he started the Susse Chalet hotel chain in the late 1960s, Fred Roedel established this rule: Don’t hang “No Vacancy” signs outside, even if the hotel was full. At the time, the family station wagon was king and newly built highways were carrying people away for the weekend. Roedel [...]

March 1, 2000 • Posted in: Media Coverage
Susse Chalet chain sold to Ariz. group Founder of budget-priced hotel chain sells its 34 properties to real estate investment group, which would use it as basis for larger chain.

Author(s): DAVID APONOVICH, Telegraph Staff Date: March 1, 2000 WILTON – The locally based Susse Chalet hotel chain has been sold to a real estate investment group for an undisclosed price. Fred B. Roedel, 67, founded the budget-price hotel for business travelers in 1967 in Nashua and grew it into a chain of 27 company-owned [...]

• Posted in: Media Coverage
Wilton entrepreneur sells Chalet Susse International.

FleetBoston to divest NH branches in July BYLINE: GIL BLISS Union Leader Correspondent DATE: March 1, 2000 PUBLICATION: New Hampshire Union Leader (Manchester, NH) SECTION: Business WILTON — Fred B. Roedel was staying overnight in a Chicago hotel on business when he got the idea he could start his own hotel chain and make it [...]

February 26, 2000 • Posted in: Media Coverage
Olympus Acquires 34-Hotel Chalet Susse Chain

By The Hotel Interactive Staff NEW YORK – After literally years of rumors that New England-based hotel chain Chalet Susse International was on the block, Olympus Real Estate Advisors’ Hospitality Group has pulled the trigger and acquired the chain’s portfolio of 34 economy hotels located in the northeastern United States. Olympus has purchased the assets [...]