Jones Lang LaSalle Hotels is to auction a group of water park hotels located in the US Midwest and north-east in February 2011.

The auction comprises ten full-service and limited-service water park hotels, which are either affiliated with one of the InterContinental, Marriott and Best Western hotel groups or operated independently.

The total value of the hotel properties up for sale is estimated to be $450m.

Each property features a new water park of 4,645m², operated under the CoCo Key Water Resort brand.