Vantage Hospitality Group Inc. is buying America's Best Franchising Inc.'s hotel brands, which include America's Best Inns & Suites and Country Hearth Inns & Suites.

Vantage is also buying the Jameson Inn, Jameson Suites, Signature Inn, 3 Palms Hotels & Resorts and a license for the Budgetel Inns & Suites brand from America's Best.

The deal adds more than 225 hotels to Vantage's holdings. The Cleveland, Ohio-based company already owns more than 1,000 Americas Best Value Inn, Canadas Best Value Inn, Value Inn Worldwide, Value Hotel Worldwide, Lexington Inn, Lexington Hotel and Lexington Legacy properties.

Other recent hotel transactions include RLJ Lodging Trust's (NYSE: RLJ) acquisition of the Hyatt Atlanta Midtown for $49.5 million, and purchase of the Hilton Cabana Miami Beach for $71.6 million.

 

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