Wyndham Hotel Group, the world’s largest hotel company with nearly 7,260 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced that, through a deal with affiliates of Colony Capital, LLC, including Colony Financial, Inc., it has branded 56 properties throughout the mid-Atlantic and southeast corridor of the U.S.
Formerly Jameson Inn properties, the hotels now fly the Baymont Inn & Suites®, Days Inn® and Howard Johnson® brand flags and will be managed by Aimbridge Hospitality.
“We are proud to welcome these 56 hotels and 3,638 rooms to our growing Wyndham Hotel Group portfolio,” said Eric Danziger, Wyndham Hotel Group president and CEO. “The addition of these properties is a testament to the strength and appeal of our brands. We look forward to the hotels’ continued success as members of our family.”
Forty nine of the hotels will be branded with the Baymont brand name, one will become a Days Inn property and six will be converted to Howard Johnson hotels.
Thomas J. Barrack, Jr., Chairman and CEO of Colony, said, "Wyndham Hotel Group brands add an instantly recognizable mark of quality and will be instrumental to reinvigorating these properties. We are excited to have them as our partners for these assets."
About Wyndham Hotel Group
Wyndham Hotel Group, part of Wyndham Worldwide (NYSE:WYN), is the world’s largest hotel company with nearly 7,260 hotels and approximately 618,100 rooms in 66 countries under the hotel brands: Wyndham® Hotels and Resorts, Ramada®, Days Inn®, Super 8®, Wingate by Wyndham®, Baymont Inn & Suites®, Microtel Inn & Suites® by Wyndham, Hawthorn Suites by Wyndham®, TRYP by WyndhamSM, Howard Johnson®, Travelodge® and Knights Inn®. In addition, the company has license agreements to franchise the Planet Hollywood Hotels, Dream® and Night® brands and provide management services globally.
All hotels are independently owned and operated excluding certain Wyndham, Hawthorn Suites by Wyndham and TRYP by Wyndham hotels as well as certain international Ramada, Days Inn and Super 8 hotels, which may be managed by one of the affiliates of Wyndham Hotel Group.
Wyndham Hotel Group is based in Parsippany, N.J. Additional information is available at www.wyndhamworldwide.com. For more information about hotel franchising opportunities visit www.whgdevelopment.com.
About Colony Capital, LLC
Founded in 1991 by Chairman and Chief Executive Officer Thomas J. Barrack, Jr., Colony Capital is a private, international investment firm focusing primarily on debt and equity investments in real estate-related assets and operating companies. The firm has invested $48 billion in over 19,000 loans/assets through various corporate, portfolio and complex property transactions. Colony has a team of more than 250 and is headquartered in Los Angeles, with offices in New York, Boston, Scottsdale, London, Madrid, Paris, Rome, Beirut, Hong Kong, Seoul and Taipei. For more information, visit www.colonyinc.com.
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