Articles tagged “wyndham worldwide”

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 | 2 months ago

Wyndham Sees Modest Weakening for Budget Hotels as Trends Normalize

News Blog

Wyndham Signs 60 New Extended Stay Hotels in North America

Wyndham Hotels & Resorts said on Tuesday it had signed 60 more hotels for its Echo Suites Extended Stay by Wyndham brand in the U.S. and Canada. That brings the extended-stay brand’s pipeline to 265 hotels, with about 33,000 rooms. It's the fastest-growing brand in Wyndham's development pipeline. The growth is remarkable. Wyndham only formally announced the…

Sean O'Neill | 2 months ago

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 | 2 months ago

Choice Hotels’ Bullish Report Prompts More Wyndham Merger Speculation

News Blog

Hotel Chart of the Week: Investors Want Wyndham to Seek Merger

Skift editors were struck by this chart of Wyndham's stock price as of Friday. Investors continue to behave as if it would be a good thing for the world's largest hotel franchisor to merge with another player. Sustained investor pressure on that score might prompt Wyndham's management to change strategy at some point. Shares spiked…

Sean O'Neill | 4 months ago

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 | 4 months ago

Analysts Skeptical of Choice Hotels Acquisition Interest in Wyndham

Hotels

Choice Hotels Explores Buying Wyndham: Report

It's unclear if talks between the two largest U.S. operators of non-luxury hotels are earnest. But even the idea that Choice Hotels is interested in a merger speaks volumes about how the sector is becoming a scale game.

Sean O'Neill | 4 months ago

Choice Hotels Explores Buying Wyndham: Report

Hotels

Wyndham Believes Banking Crisis Won’t Hurt Its Hotel Pipeline

Will a slowdown in bank lending lead to weakened hotel development for Wyndham? The world's largest hotel franchisor doesn't expect a problem, and it makes plausible arguments about why.

Sean O'Neill | 5 months ago

Wyndham Believes Banking Crisis Won’t Hurt Its Hotel Pipeline

News Blog

Wyndham Program to Boost Black Hotel Ownership Signs 18 Deals

Last July, Wyndham Hotel & Resorts unveiled an effort to help Black dealmakers, franchisees, and developers join the club of hotel entrepreneurship. The U.S.-based hotel franchisor updated the media on Wednesday about the U.S. effort, saying it has signed deals for 18 hotels. Wyndham — which calls its program Bold[Black Owners and Lodging Developers] — highlighted two Black hotel…

Sean O'Neill | 7 months ago

Hotels

Wyndham to Add More Properties at a Faster Pace Under New Plan

Wyndham stands out for having a rapidly expanding pipeline for hotel development relative to most of its peers. That's important. As the world's largest franchisor, it boosts its overall earnings with every property it adds.

Sean O'Neill | 11 months ago

Wyndham to Add More Properties at a Faster Pace Under New Plan

News Blog

Awaze Put Up For Sale at $2 Billion by Private Equity Owner Platinum — Report

The owner of European vacation-rentals business Awaze is looking for a sale, according to a media report. U.S. private equity firm Platinum Equity created Awaze after buying a selection of rental businesses from Wyndham Worldwide in 2018. The deal was worth $1.3 billion, and its collection at the time included Novasol, Cottages.com, James Villa Holidays…

Matthew Parsons | 12 months ago