Hospitality Lodging Systems adds five Budgetel hotels to its portfolio

Hospitality Lodging Systems signed agreements that will add five properties to its portfolio of Budgetel Inns & Suites. The hotels are conversions in Tallahassee and Pompano Beach, Fla.; Macon, Ga.; Marion, Ind.; and Watsonville, Calif.

The agreements were signed in the past 30 days and the properties are expected to be operational as Budgetel hotels within 60 days.

“Budgetel offers owners a fresh brand, especially in markets that are saturated by other hotel names,” said Doug Collins, Chairman of Atlanta-based Hospitality Lodging Systems, which assumed management of the brand on November 1st.

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“That’s why we expect to double our existing portfolio of 19 properties within the next six months -- and these five new hotels are an important first step.”

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The properties consist of three Hilton-branded locations, an Autograph Collection hotel and a St. Regis.

The three openings together total 342 rooms and consist of one new-build and two conversions.