Wyndham International unloads hotel portfolio

In a deal estimated at $100 million, Dallas-based Wyndham International Inc. has sold a 14-hotel portfolio to Minneapolis-based Milestone Investments Inc. and Regency Hotel Management Inc., a subsidiary of Sioux Falls, S.D.-based Ramkota Cos. The Wyndham portfolio includes eight Clubhouse Inn hotels, six Wyndham Garden Hotels and the rights to the Clubhouse Inn brand. The transaction covers 1,873 guest rooms at properties in 14 U.S. cities.

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