Wyndham and Choice to brand bulk of Aimbridge-managed former Jameson Inns14 Jan, 2013 By: Stephanie Ricca
Last week Aimbridge Hospitality was named management company for 103 of the former Jameson Inns properties owned by Colony Capital and today we learn that 102 of those properties will fly Wyndham Hotel Group or Choice Hotels International brands.
Forty-nine of the hotels become Baymont Inn & Suites properties, six will be converted to Howard Johnson hotels and one will convert to a Days Inn property. Aimbridge Hospitality will manage all 56 of the Wyndham-branded properties, which comprise 3,638 guestrooms.
An additional 46 hotels in the Aimbridge portfolio will convert to Choice brands, including 42 as Quality Inn hotels, two as Comfort Inn hotels and two as Econo Lodge hotels. According to Choice, Aimbridge will manage the hotels, located in Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia.
The hotels are located in 12 southeastern states and are owned by investors managed by affiliates of Colony Capital. Additionally, a fund affiliated with Aimbridge Hospitality and Argonaut Private Equity acquired a minority stake in the hotel portfolio. The entire portfolio totals 7,000 guestrooms.
In December America's Best Franchising purchased the Jameson Inn brand for an undisclosed price from Argila Jameson Brand, which owned it since 2006. ABF chairman and CEO Doug Collins told Hotel Management then that he plans to offer Jameson Inn franchise opportunities for the first time in the brand's history.
Along with the brand name, ABF acquired 12 hotel properties in Georgia, North Carolina, Virginia and Illinois as part of the December deal.
Jameson Inn filed for bankruptcy protection in 2011, and since early 2013 has been owned by Colony Capital.Topic : Jameson Inns, Aimbridge Hospitality
External Source : Hotel Management