Articles tagged “wyndham hotel group”

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

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

Extended-Stay Boom Fuels Choice-Wyndham Competition

Wyndham's fast-growing extended-stay category intensifies the competitive dynamics of Choice Hotel's take-over bid as both companies vie for the increased business from construction workers and related trades.

Amina Niasse, Reuters | 3 weeks ago

Extended-Stay Boom Fuels Choice-Wyndham Competition

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

Hotels

Wyndham Strongly Rejects Choice Hotels’ Hostile Bid But Leaves Door Open

Wyndham execs and board members more forcefully rejected Choice Hotels' current terms for a merger on Thursday. But they explicitly left the door open to a more generous offer from a market player.

Sean O'Neill | 2 months ago

Wyndham Strongly Rejects Choice Hotels’ Hostile Bid But Leaves Door Open

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

Wyndham Sees Modest Weakening for Budget Hotels as Trends Normalize

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

Wyndham Sees Modest Weakening for Budget Hotels as Trends Normalize

Hotels

The Wyndham-Choice Merger Skeptics

Today's edition of Skift's daily podcast looks closer at a Choice and Wyndham combo, a good 'dirty' hostel company, and Memorial Day travel in the U.S.

Rashaad Jorden | 7 months ago

The Wyndham-Choice Merger Skeptics