SPRINGFIELD, MO— Hotel developer John Q. Hammons has rejected a deal worth at least $63 million that would have merged his publicly traded company with the private Barcelo Crestline Corp. after financial and legal advisors concluded the value of the company is worth more than Barcelos offer of $13 cash for each share of stock in John Q. Hammons. John Q. Hammons anticipates higher offers from Barcelo Crestline or another suitor. Company stock was up to $14.84 in trading Wednesday. The deal would have created a private company called Barcelo Hammons Hotels & Resorts, Inc. and included 190 U.S. hotels. Hammons owns about 75% of the economic interest in the public company, which owns 46 hotels. Barcelo Crestline manages and leases more than 125 hotels, resorts and conference centers. Hammons also owns a private company, John Q. Hammons Hotels & Resorts, which owns 14 hotels and will soon open five under development. It was not part of the deal.