U.S. Franchise Systems was a franchise company that owned
Microtel Inns and Suites and
Hawthorn Suites
Hawthorn Suites is a chain of hotels in the United States owned by Wyndham Hotels and Resorts.
Most Hawthorn Suites offer amenities such as meeting rooms, exercise facilities, swimming pools, and a free hot buffet breakfast and dinner. It compe ...
.
It was founded in 1995 by Michael A. Leven and Neil K. Aronson.
In March 1996, the company acquired the franchise rights to Hawthorn Suites, and acquired full ownership of the brand on March 12, 1998.
In 1998, U.S. Franchise Systems, Inc. announced that it has purchased Best Inns Suites.
US Franchise Systems later sold the America's Best Inn (formerly Best Inns) chain to the Country Hearth Inns chain (since renamed
America's Best Franchising Inc.) in 2005.
Neil Aronson would later leave after the sale to Pritzker family in 2000, to form
Roark Capital Group
Roark Capital Group is an American private equity firm with over $33 billion in assets under management. The firm is focused on leveraged buyout investments in middle-market companies, primarily in the franchise/multi-location, restaurant and fo ...
. Mike Leven retired in 2007.
In 2000,
Pritzker family
The Pritzker family is an American family engaged in entrepreneurship and philanthropy, and one of the wealthiest families in the United States of America (staying in the top 10 of ''Forbes'' magazine's "America's Richest Families" list since the ...
of Chicago, who owns Hyatt, purchased the company.
However by 2008, Hyatt sold it to
Wyndham Worldwide
Travel + Leisure Co. (formerly Wyndham Destinations, Inc. and Wyndham Worldwide Corporation) is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownersh ...
.
References
Hospitality companies established in 1995
Hospitality companies disestablished in 2008
Wyndham Destinations
Hotel chains in the United States
Hyatt Hotels and Resorts
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