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Articles tagged “choice”

Daily Lodging Report

Truist Discusses Challenges in Choice Hotels and Wyndham Deal

Truist held talks with both Choice Hotels and Wyndham Hotels, along with investors in both names. They believe WH holders want a takeout price closer to $95 and a larger cash component as well as a breakup fee if the deal does not give anti-trust approvals.

6 months ago

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 Wants to Make More Acquisitions

Today's edition of Skift's daily podcast looks closer at Choice Hotels’ acquisitions, China’s travel restrictions, and a new airline partnership between Europe and Asia.

Rashaad Jorden | 9 months ago

Choice Hotels Wants to Make More Acquisitions

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’ 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

Hotels

Analysts Skeptical of Choice Hotels Acquisition Interest in Wyndham

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.

Sean O'Neill | 11 months ago

Analysts Skeptical of Choice Hotels Acquisition Interest in Wyndham

Hotels

Choice Hotels Propelled by Guests Blending Business and Leisure

Choice Hotels has defied U.S. economic uncertainty. One reason? The blended travel trend has extended its stay post-pandemic.

Sean O'Neill | 12 months ago

Choice Hotels Propelled by Guests Blending Business and Leisure

Business Travel

Hotels Envision Group Bookings Will Make Up for Lost Business Trips

Most of the major hotel chains have now reported their fourth-quarter results. Tourists are back in full force, traditional business travelers less so. But fortunately for them all those conferences and big events are keeping their properties filled.

Matthew Parsons | 1 year ago

Hotels Envision Group Bookings Will Make Up for Lost Business Trips

Hotels

Choice Hotels’ Record 2022 Hinged On Moving Upmarket

Choice Hotels sees itself moving upmarket thanks to the addition of Radisson's Country Inn & Suites and other brands. That could help sustain revenue and profits while fending off rivals like Hilton's new Spark brand.

Sean O'Neill | 1 year ago

Choice Hotels’ Record 2022 Hinged On Moving Upmarket