Choice Hotels is the world's second-biggest hotel franchiser, after HFS Inc., with 2,959 hotels and more than 700 others under development.
Hospitality is the world's biggest hotel franchiser.
It might seem odd that Avis, the world's second-largest car rental company, would agree to sell itself to HFS, a hotel franchiser.
If approved by the court, the combination would create one of the world's largest hotel franchisers, with 2,236 hotels and 284,000 rooms.
Budgetel Franchise System is an American based hotel franchiser to United States and Canada.
Announcement of the acquisition, which caught Wall Street by surprise yesterday, will expand the rapidly growing empire of HFS, the world's largest hotel franchiser.
Choice Hotels International, a hotel franchiser for brands like Comfort, Quality and Econo Lodge, is beginning a review for its consumer advertising account.
And HFS Inc., the largest hotel franchiser in the world, recently bought Avis, including the minority stake held by G.M.
If approved by the bankruptcy court, the transaction, which could be derailed if a better offer appeared - would create one of the world's largest hotel franchisers.
HFS, the world's largest hotel franchiser, said Days Inns would create the first international three-star hotel chain in China.