Months of negotiations about a potential merger between two of the nation’s biggest budget hotel chains have hit yet another snag. In a letter to Choice, Wyndham executives called the latest bid in ...
Choice, which had offered to pay roughly $90 per share in a hostile takeover of Wyndham, announced Monday that its offer to acquire the chain had expired and that it was withdrawing its nominations to ...
Geoff Ballotti, president and CEO of Wyndham Hotels & Resorts Inc., had urged shareholders to reject the bid. (Photo: Michael Nagle) Ding-dong, a major deal in the hospitality industry is dead. Early ...
US budget hotel operator Wyndham Hotels and Resorts on Tuesday rejected rival Choice Hotels’ $7.8 billion cash-and-stock acquisition offer, calling it “underwhelming” and citing regulatory risks ...
Choice Hotels started with a small hotel chain in 1939. The company tried to launch innovations to keep itself ahead of the game. These innovations included being one of the first to offer 24-hour, ...
Building on its 15-year history of collection hotels globally, Choice Hotels EMEA has commenced a refresh of its Ascend Hotel Collection portfolio across the region which currently comprises a network ...