Microtel Inn & Suites Opens in Bloomington, Minn. Near Mall of America

ATLANTA (December 21, 1999) - Eau Claire, Wis.-based Larson Investments, LLC has opened its fourth Microtel Inn & Suites at 801 E 78th St. in Bloomington, Minn., less than three miles from the Mall of America and St. Paul International Airport. Microtel Inn & Suites is the fastest growing chain of all newly constructed, interior corridor, budget/economy hotels in the U.S. Larson Investments also owns Microtels in Eagan and Rochester, Minn. and Onalaska, Wis.

Commented Vinay Patel, vice president of marketing for Microtel, "We are proud to partner with Larson Investments on another Microtel and proud that we can provide travelers with a great hotel product throughout the State of Minnesota." Additional Microtels in Minnesota are located in Eagan, Faribault and Rochester.

The Microtel Inn & Suites Bloomington is a three-story, 75-room property with single, double and suite accommodations. Amenities include remote cable TV, CNN, ESPN, HBO and Pay-Per-View, and fitness center.

"There's a great need in the Bloomington market for a new, budget hotel," said Tom Larson, co-owner of Larson Investments, "and with its comfort, safety and value, Microtel will be ideal for both business and leisure travelers."

According to Lodging Econometrics, the research division of National Hotel Realty of Portsmouth, N.H., Microtel is currently the top hotel brand in the U.S. for the number of projects and rooms in the development pipeline. Microtel was also ranked the top budget brand by Business Travel News for "overall price/value" and "physical appearance," and the top budget chain by Entrepreneur Magazine.

As of September 30, 1999, there were 581 Microtels open or in development. For reservations or a copy of the Microtel directory, call 1-888-771-7171 toll-free.

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