Joint venture buys Madison’s Exel Inns of America (BizJournals)
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A joint venture of hotel company Interstate Hotels & Resorts Inc. and FCC Capital Corp. has acquired Exel Inns of America of Madison, operator of 22 Exel Inns, and has rebranded the properties to Days Inn, Baymont, Howard Johnson and other Wyndham Hotel Group brands. (WYN)