Prime Hospitality Corp controls three hotel brands (AmeriSuites, Wellesley Inns & Suites and Prime Hotels and Resorts), operating and franchising 256 hotels with 33,605 rooms. Of these hotels, it owns 112 comprising 14,183 rooms. The company has just been acquired by the Blackstone Group for over $790 million (e672 million), shares and pending debts. Blackstone intends to convert 37 of the owned Wellesley Inns & Suites to increase the portfolio ot its other all-suite brand, Extended Stay America.