HENDERSONVILLE, TN— ShoLodge, Inc. has sold the GuestHouse International Inns, Hotels & Suites brand and franchise system to Settle Inn LLC, the franchisor of Settle Inn and Settle Inn & Suites hotels. The price was not disclosed. The GuestHouse brand includes more than 70 franchises with more than 5,000 rooms in 22 states and China. As part of the deal, Settle Inn is also absorbing the majority of GuestHouse’s employees, which are based in Hendersonville, TN. Settle Inn will also be relocating its main headquarters to Hendersonville, while maintaining its current Aberdeen, SD, office. Settle Inn LLC plans on growing both brands, with Settle Inn growing in the limited-service midscale sector and GuestHouse expanding in the upper-economy segment. Settle Inn LLC plans on adding 30 new GuestHouse franchises and 20 new Settle Inn properties in 2007.
Previous ArticleCourtyard Makes Debut In Lebanon, NH
Next Article Austin Is Next Site For W Hotel