Skip to content
Subscriber Only
Business
Pursuits

Aetos Capital Said to Prepare Sale of Super 8 China Hotel Chain

  • Majority stake in budget hotel chain could fetch $250 million
  • Aetos Capital picking advisers to start sale early next year

Aetos Capital Real Estate is preparing a sale of its controlling stake in the Super 8 budget hotel chain in China, which could fetch as much as $250 million, people with knowledge of the matter said.

Aetos Capital, the New York-based investment firm, will soon choose advisers to manage the sale and could start reaching out to potential buyers early next year, said the people, who asked not to be identified as the information is private. It has a majority interest in the Chinese operations of the Super 8 hotel brand, which is owned by Wyndham Worldwide Corp.