"We converted most of our leases earlier this year and this is the final group," MeriStar's Melissa Thompson tells GlobeSt.com. The company's management portfolio consists of 267 hospitality properties across the US and in Canada. Explaining the benefits of the recent transaction, MeriStar president and COO John Emery says in a statement, "As a result [of the conversions], we have significantly reduced the potential volatility of our future earnings and have more closely aligned our interests with those of Winston.
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