Articles tagged “choice hotels international”

Hotels

Choice Hotels Has Talked to Investors With 40% of Wyndham Shares

Wyndham didn't say it had returned to the deal talks with Choice Hotels last week, but Choice says it did. Choice is also wooing many of Wyndham's key investors. The saga is getting more intense.

Sean O'Neill | 1 week ago

Choice Hotels Has Talked to Investors With 40% of Wyndham Shares

Daily Lodging Report

Wyndham’s Board Tells Shareholders to Reject Choice

As expected, Wyndham’s Board of Directors unanimously determined the unsolicited exchange offer from Choice Hotels to acquire WH is not in the best interests of shareholders.

1 week ago

Hotels

Some Hotel Owners Balk at Proposed Choice-Wyndham Merger

Some franchisees are worried their revenue would fall after a Choice merger with Wyndham. But Choice Hotels says it has heard from franchisees who expect to see gains to their bottom line from the proposed deal. The debate rolls on.

Sean O'Neill | 2 weeks ago

Some Hotel Owners Balk at Proposed Choice-Wyndham Merger

Hotels

Choice Hotels Buys More Than $110 Million in Wyndham Shares

Think of it this way: Choice's love affair with Wyndham has gone unrequited, and now Choice is pleading with the parents for an arranged marriage.

Sean O'Neill | 2 weeks ago

Choice Hotels Buys More Than $110 Million in Wyndham Shares

Hotels

Choice Hotels to Nominate Directors to Wyndham Board, Says Reuters

Choice Hotels has made yet another, more assertive move in its hostile takeover bid of rival Wyndham. It looks like shareholders will be voting on a potential merger when they consider board elections in May.

Sean O'Neill | 1 month ago

Choice Hotels to Nominate Directors to Wyndham Board, Says Reuters

Hotels

Choice Hotels Defends Pipeline as It Pushes Wyndham Bid

Choice Hotels is seeing weakness in its hotel development pipeline. That may not improve much if it remains distracted by pursuing a merger with Wyndham.

Sean O'Neill | 2 months ago

Choice Hotels Defends Pipeline as It Pushes Wyndham Bid

News Blog

Choice Hotels Claims Wyndham Merger Would Have ‘Clear Path to Completion’

Choice Hotels on Wednesday called on Wyndham Hotels & Resorts to return to merger talks while publicly responding to concerns Wyndham executives had raised about "execution risk" — including questions about regulatory scrutiny. Meanwhile, Wyndham issued a statement saying its board of directors remains confident that its "standalone growth prospects offer superior, risk-adjusted returns. It…

Sean O'Neill | 2 months ago

Hotels

Choice-Wyndham: Debt? Private Equity? Other Bidders? What Comes Next

If an alternative asset investor like Blackstone gets interested, things could get even more interesting. Same if European hotel giant IHG made a bid of its own.

Sean O'Neill | 2 months ago

Choice-Wyndham: Debt? Private Equity? Other Bidders? What Comes Next

Hotels

Choice Hotels Explained: 5 Key Facts as it Goes After Wyndham

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

Choice Hotels Explained: 5 Key Facts as it Goes After Wyndham

Hotels

Choice Hotels Offers to Buy Wyndham for $7.8 Billion, Wyndham Rejects Bid

This is in essence a hostile takeover, and the acquisition may not go through. But if it does, it will create the largest budget hotel player in North America.

Sean O'Neill | 2 months ago

Choice Hotels Offers to Buy Wyndham for $7.8 Billion, Wyndham Rejects Bid