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Daily Lodging Report
Choice Hotels' earnings exceeded low expectations, highlighted by aggressive share repurchases that historically benefit the stock.
2 months ago
Hotels
Choice Hotels is shrugging off concerns about softening travel demand.
Sean O'Neill | 2 months ago
Hilton CEO Christopher Nassetta led the pack among hotel executives with a total compensation of $56.8 million in 2023, followed closely by Hyatt's Mark Hoplamazian at $56.4 million and Marriott's Anthony Capuano at $55.5 million.
Sean O'Neill | 3 months ago
Choice Hotels commented on their Wyndham hostile takeover implosion and said it was challenged by a ‘difficult’ administration and a regulatory body that Choice said was ignorant of hotel industry pricing structures, among other reasons.
4 months ago
Yoshiharu Hoshino, the CEO of Hoshino Resorts, is one of the world's most remarkable hotel executives. He's built a group of brands now intimately associated with Japan's tourism development and distinctive approach to hospitality.
Sean O'Neill | 4 months ago
The market liked this conclusion: both companies’ stock prices rose, with Choice Hotels up 6% and Wyndham Hotels 2%, indicating investor relief – or strategic reassessment.
It's dead. Choice Hotels International’s hostile buyout offer of rival Wyndham Hotels & Resorts fizzled out because of an effective resistance by Wyndham's board and a lack of interest by Wyndham's shareholders.
Choice Hotels issued a press release urging Wyndham stockholders to tender their shares before the March 8 deadline. We would characterize the press release as of begging WH shareholders to threaten they will pull the plug.
5 months ago
The market has become less skeptical of Choice's hostile takeover bid for Wyndham, despite many roadblocks. The Skift Travel 200 sheds light on the thinking behind this offer.
Sean O'Neill | 5 months ago
Travel Technology
Experts compare the current AI-based tech revolution to the birth of the internet. With that level of magnitude comes plenty of issues.
Justin Dawes | 5 months ago
