Ameri-First, Homegate Aggressively Acquiring 100 Hotels in 17 States

DALLAS-Two Dallas-based operations - Homegate Hotels and Ameri-First Financial Group Inc. - will jointly acquire 100 hotels of varying brands in 17 states by year's end in a dual-pronged strategy that pumps hard assets into the financial service and cements the hotel operator's presence nationwide. About three hotels, with an average of 250 rooms each, are being bought each week, says Ameri-First's vice president.

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