1/10/2013

Colony Capital, owner of the Jameson Inn hotel brand, has agreed to hand over management duties for the brand's 103 hotels nationwide to Aimbridge Hospitality. A new subsidiary, Channel Point Hospitality, was formed by Aimbridge to oversee the portfolio. The properties will undergo "a substantial renovation and rebranding under the banners of certain nationally recognized chains," Aimbridge said in a statement.

Related Summaries