Choice Hotels adds Miss. properties for undisclosed sum

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Published: January 15,2013

Tags: acquisition, brand, branding, buy, expansion, hotel, lodging, merger, purchase, sale, sell

ACROSS MISSISSIPPI — Choice Hotels International has added 46 hotels to its family of brands.

Under an agreement reached with affiliates of Colony Capital, LLC, including Colony Financial Inc., and hospitality management company Aimbridge Hospitality, the properties will be franchised under the Quality Inn, Comfort Inn and Econo Lodge brands.

The addition of these hotels, which all formerly operated as Jameson Inns, is Choice Hotels’ largest single conversion transaction, excluding brand acquisitions, according to the company.

Financial details were not disclosed.

The newly Choice-branded hotels are located in Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia.

Under this agreement, the hotels will be managed by Dallas-based Aimbridge Hospitality.

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