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New motel development is uncommon in the 2000s as hotel chains have been constructing economic system-priced, limited service franchised properties at freeway exits which compete for largely the identical clientele, largely saturating the market by the Nineteen Nineties.
The Waldorf-Astoria Hotel and its affiliated Waldorf Towers has been the home of many well-known persons over time including former President Herbert Hoover who lived there from the top of his presidency in 1933 until his loss of life in 1964.
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