Wyndham adds more brands
Wyndham WorldwideCorporation has acquired U.S. Franchise Systems, Inc. and its Microtel Inns& Suites and Hawthorn Suites hotel brands from a subsidiary of Global HyattCorporation for US$131 million.
The addition of MicrotelInns & Suites, a chain of 298 all-new-construction economy hotels with 35more under construction, and Hawthorn Suites, a chain of 91 all-suites,extended-stay hotels, expands the Wyndham Hotel Group system to 12 brands.
“Thisacquisition is a great fit for Wyndham Worldwide,” said Stephen P. Holmes,Wyndham Worldwide chairman and chief executive officer. “It furtherleverages our franchise system, gives us more avenues to grow domestically andinternationally.”
Wyndham Hotel Group has more than 6,550 franchised hotels andsome 551,000 hotel rooms worldwide.
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