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Hotels
Tracing its roots back to its original name, Quality Courts United, Choice has established itself as a prominent player through acquisitions.
Selene Brophy | 2 months ago
Looking ahead, Wyndham executives said they weren't concerned about competition from Marriott, Hilton, and Hyatt in the extended-stay segment because they believe their model is aimed at delivering a more affordable product with lower costs for developers.
Sean O'Neill | 5 months ago
News Blog
Wyndham Hotels & Resorts said on Tuesday it had signed 60 more hotels for its Echo Suites Extended Stay by Wyndham brand in the U.S. and Canada. That brings the extended-stay brand’s pipeline to 265 hotels, with about 33,000 rooms. It's the fastest-growing brand in Wyndham's development pipeline. The growth is remarkable. Wyndham only formally announced the…
Choice Hotels issued a positive business update in a seemingly random way. That fueled speculation it plans to do something newsy. Plus, other worldwide headlines in hotel deals and development.
Sean O'Neill | 6 months ago
Skift editors were struck by this chart of Wyndham's stock price as of Friday. Investors continue to behave as if it would be a good thing for the world's largest hotel franchisor to merge with another player. Sustained investor pressure on that score might prompt Wyndham's management to change strategy at some point. Shares spiked…
Sean O'Neill | 7 months ago
Analysts find more reasons to doubt a merger between Choice Hotels and Wyndham than supportive arguments. Yet the mental exercise reveals interesting dynamics in the U.S. hotel market today.
It's unclear if talks between the two largest U.S. operators of non-luxury hotels are earnest. But even the idea that Choice Hotels is interested in a merger speaks volumes about how the sector is becoming a scale game.
Will a slowdown in bank lending lead to weakened hotel development for Wyndham? The world's largest hotel franchisor doesn't expect a problem, and it makes plausible arguments about why.
Sean O'Neill | 8 months ago
Last July, Wyndham Hotel & Resorts unveiled an effort to help Black dealmakers, franchisees, and developers join the club of hotel entrepreneurship. The U.S.-based hotel franchisor updated the media on Wednesday about the U.S. effort, saying it has signed deals for 18 hotels. Wyndham — which calls its program Bold[Black Owners and Lodging Developers] — highlighted two Black hotel…
Sean O'Neill | 10 months ago
Wyndham stands out for having a rapidly expanding pipeline for hotel development relative to most of its peers. That's important. As the world's largest franchisor, it boosts its overall earnings with every property it adds.
Sean O'Neill | 1 year ago