Atlanta-based Hospitality Lodging Systems added three new Budgetel hotels to its portfolio. All three of the hotels are located in Alabama, and all are scheduled to open in June.
The three new Budgetel properties consist of a 130-room hotel in Birmingham, which was converted from an independent hotel; a 130-room hotel in Hoover also converted from an independent property and a 65-room hotel in Mobile converted from an Econo Lodge.
“Our family of brands is attractive to owners who want to take back control of their franchise contract -- with more operating freedom, fewer mandated amenities, and stronger cash flow,” Doug Collins, chairman and CEO of HLS, said in a statement. “We offer lots of upside and no downside.”
HLS began operation 19 months ago with 19 Budgetel hotels, and since has grown its portfolio to 43 properties. Of its hotels, 32 are Budgetel properties, five are Haven Hotels and six are AmeriVu hotels.