Acquisitions & Hotel Openings

Americas Best Value Inn Adds 127 Hotels in 2011 to Surpass the 1,000 Mark

CLEVELAND, OH - January 17, 2012 - Americas Best Value Inn®, the 10th largest hotel brand in the world, enjoyed another year of impressive growth in 2011 with the addition of 127 properties to the system. Included in the total was ABVI’s 1,000th hotel, an industry milestone that the brand proudly achieved in just 12 years.

Americas Best Value Inn and Canadas Best Value Inn® added locations in 35 states and four provinces. Texas led the way with 15 new properties, followed by 11 in Missouri and 10 in California. All told, ABVI’s and CBVI’s 127 new inns, hotels and suites included conversions from such brands as Best Western®, Days Inn®, Microtel Inns & Suites®, La Quinta®, Ramada®, Quality Inn®, Crestwood Suites®, Howard Johnson® and Comfort Inn®, as well as dozens of independent properties.

The 1,000th hotel was an 80-room, former Best Western in Normal, IL.

"We are so thrilled to be named the 1,000th Americas Best Value Inn. It's a significant milestone for the company, so everyone at the hotel is extremely honored. We are very proud to be a part of the Vantage Hospitality family and look forward to a long relationship with them," said owner Sonny Punjabi.

A limited-service brand, ABVI operates under its Freestyle® brand model, which allows hotel owners to pay low, flat, monthly fees based on number of rooms – not a percentage of revenue as do other national hotel brands that typically charge fees that are three to five times higher than ABVI’s. Owners also have short-term contracts, a voice and a vote in the direction of the brand, reasonable property improvement plans, and the one-of-a-kind 100% Return On Investment Promise.

“Throughout North America, hotel owners are continuing to embrace our innovative model that allows them to be in business for themselves, not by themselves. Vantage Hospitality is also growing and evolving by constantly adding more corporate support team personnel and further advancing technology and resources, such as our state-of-the-art Central Reservation System powered by Sabre. And we’re continuing to expand our progressive, revenue-generating programs and comprehensive resources to help our hotel owners increase their return on investment potential, like our new $1, $2, $3 renovation program,” said Roger Bloss, the Founder, President and CEO of Vantage Hospitality Group, which also includes the Chinas Best Value Inn®, Value Inn Worldwide®, Lexington Hotels® and Lexington Inns® brands.

About Vantage Hospitality Group, Inc.
Headquartered in Coral Springs, Fla., Vantage Hospitality Group is the 10th largest hotel company worldwide with over 1,000 hotels independently owned and operated, and the only hotel company to be ranked on the 2006, 2007, 2008, 2009, 2010 and 2011 Inc. 500/5000 List of Fastest-Growing Private Companies. Hotel owners worldwide have embraced Vantage’s innovative brand model that offers members low, flat fees; short-term contracts; and a voice and a vote in each brand’s direction while providing the most comprehensive resources in the lodging industry. Vantage Hospitality’s first hotel brand, Americas Best Value Inn, is a leader in the limited-service segment (including Canadas Best Value Inn) throughout North America and has been recognized by the lodging industry as the fastest-growing chain over the past decade. The company continues to grow with the Lexington Hotel and Lexington Inn brands (Vantage’s midscale through upscale brands) and through affiliations with Brown Nester Hospitality Services (offering comprehensive hotel brokerage and related services) and Vantage Insurance Services (a full-service insurance agency specializing in insurance for the hospitality industry). Visit www.AmericasBestValueInn.com, www.LexingtonCollection.com, www.VantageHospitality.com, www.VantageInsuranceServices.com or www.BrownNester.com for more information.

Contact:
Al Cohen
Vantage Hospitality Group
888-316-2378
acohen@vantagehospitality.com

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