[1] It was founded in 1995 by Michael A. Leven and his nephew Neal Aronson.
In March 1996, the company acquired the franchise rights to Hawthorn Suites, and acquired full ownership of the brand on March 12, 1998.
Franchise Systems, Inc. announced that it has purchased Best Inns Suites.
Aronson would later leave after the sale to Pritzker family in 2000, to form Roark Capital Group.
[3] In 2000, the Pritzker family of Chicago, who owns Hyatt, purchased the company.