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What Happened To Travelodge?

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I was in Texas City-La Marque last spring and I noticed the Travelodge here is now an "America's Best Value Inn & Suites". I thought, in 2008, that was a pretty nice (albeit slightly dated) place. I mean, it even has a pool in the center. It's also surprising since there's a run-down motel in Bryan that's operating under the Travelodge name (and gets pretty mediocre reviews at best).

But it also looks like it's gone through hard times: Google Earth in January 2008 has the parking lot as a blacktop, after Ike, it looks pretty nasty. It also looks like there's roof damage. Did it get so messed up in Ike that Travelodge sold it off?

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