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Articles tagged “choice hotels international”

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 | 5 months 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 | 6 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 | 6 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 | 6 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 | 6 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 | 6 months ago

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

Hotels

Choice Hotels Considers Further Acquisitions to Sustain Growth

Mergers hurt companies more often than help. Yet Choice Hotels seems to be the exception with its Radisson Americas merger so far. Expect Choice to be emboldened to do another deal. A European acquisition would be smart.

Sean O'Neill | 9 months ago

Choice Hotels Considers Further Acquisitions to Sustain Growth

Hotels

Choice Hotels’ Bullish Report Prompts More Wyndham Merger Speculation

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 | 10 months ago

Choice Hotels’ Bullish Report Prompts More Wyndham Merger Speculation

Hotels

Choice Hotels’ Brands, Explained

Choice Hotels continues to grow in the domestic market, with a particular focus on the midscale and upscale segments. It's likely to add more brands soon.

Joey Tyson, Skift | 10 months ago

Choice Hotels’ Brands, Explained

News Blog

Choice Hotels Opens Properties at Faster Pace and Reaffirms Profit Outlook

Choice Hotels, a U.S.-based franchisor, said on Tuesday it had opened an average of more than four hotels a week in the first half of 2023 — a 39% jump year-over-year. The steady onboarding of properties was one reason it reaffirmed its profit forecast for the year despite some industry concerns about leisure demand patterns…

Sean O'Neill | 10 months ago