BWH Hotels Shares Global Development Growth From Q3 2023
Category: Development, Finance & Development
PHOENIX, Arizona—BWH Hotels continues the growth of its 19 brands throughout the third quarter. From luxury to premium economy accommodations, the brand added new properties to its global portfolio throughout markets in Asia, Europe, North America, and South America, including the increased presence of BWH Hotels properties in Brazil, Chile, Ecuador, France, Indonesia, the Philippines, Thailand, the United States, and Vietnam. “We are delighted to offer even more accommodations for travelers to choose from as
NEWPORT NEWS, Virginia—Mumford Company announced completed deals to close the third quarter of 2023. In the last few weeks, the firm closed several deals representing a broad range of property types throughout the United States. “Despite high interest rates, inflation, elevated insurance premiums, and widespread economic concerns, we were able to use our extensive database to help our clients with a successful exit,” said Steve Kirby, managing principal, Mumford Company. “Managing the nuances of the
J.D. Power: Travel Apps Lag Behind Those of Other Industries
Category: Industry News, Trends & Research
TROY, Michigan—Travel apps and websites rely on digital tools used by travelers, including QR codes used to board planes to rental car locations and digital hotel keys. Despite this critical role, according to the J.D. Power 2023 U.S. Travel App Satisfaction Study and the J.D. Power 2023 U.S. Travel Website Satisfaction Study, travel industry apps and websites lag behind their counterparts in other industries where J.D. Power measures the digital user experience. The studies, which
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced a proposal to acquire all the outstanding shares of Wyndham Hotels & Resorts, Inc. at a price of $90.00 per share, payable in a mix of cash and stock. Under Choice’s proposal, the $90.00 per share to be received by Wyndham shareholders would consist of $49.50 in cash and 0.324 shares of Choice common stock for each Wyndham share they own. Choice’s proposal represents a 26 percent premium to
STAMFORD, Connecticut—Spectrum Enterprise has been named an Alliance Partner by Historic Hotels of America as a preferred technology solutions provider. Through Historic Hotels of America’s Alliance Partners program, Spectrum Enterprise will be providing member properties with a way to modernize their digital infrastructure to help staff operational efficiencies and the guest experience. Lawrence Horwitz, executive vice president, Historic Hotels of America and Historic Hotels Worldwide, said, “Spectrum Enterprise will make it easier for our members
