Barcelo Crestline reaches deal with John Q. Hammons Hotels

McLean, Va.-based Barcelo Crestline has made the first move in its plan to expand its portfolio by offering to buy John Q. Hammons Hotels for $63.5 million. The Springfield, Mo.-based hotel group has 46 properties in North America and Barcelo's bid calls for a combined new unit to be called Barcelo Hammons Hotels and Resorts.

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