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Today's podcast looks at Wyndham's global ambitions, Spirit Air's departing CFO, and Accor's expansion across India.
Rashaad Jorden | 4 weeks ago
Hotels
CEO Geoffrey Ballotti has Wyndham going places - 95 countries, to be exact. The hotel giant, known for its budget-friendly digs, is breaking out of its economy shell to make moves in the upscale market, such as with newest brand HQ.
Sean O'Neill | 1 month ago
Surf's up. The partnership will add nine Decameron properties across Mexico, Panama, and Jamaica to Wyndham's portfolio, bringing its total all-inclusive offerings to more than 50 resorts worldwide.
Sean O'Neill | 2 months ago
Wyndham wants to retain its stronghold in economy lodging while expanding into higher-end properties that generate larger franchise fees. The company saw a swift increase in development deal signings after rival Choice Hotels abandoned its hostile takeover attempt last month.
Business Travel
Wyndham aims to woo businesses to book hotels directly by simplifying the process and turbocharging rewards. The hotel franchisor is betting big on America's infrastructure spending boom.
Sean O'Neill | 3 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.
The move may reflect a rising trend among hotel groups as tech beats traditional marketing in priority.
Wyndham operates the largest number of hotels in the world. However, in India, it has around 60 properties, while its counterparts operate around 100 hotels.
Bulbul Dhawan | 3 months ago
Unfinished hotel rooms are something new for a major hotel group. That's what Wyndham is offering in roughly 40% of the rooms of its newest brand.
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.
Sean O'Neill | 4 months ago
