Choice Announces Proposal to Acquire Wyndham
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced a proposal to acquire all the outstanding shares of Wyndham Hotels & Resorts, Inc. at a price of...
Wyndham Shares Board Decision to Reject Choice Proposal
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced that its Board of Directors unanimously rejected a conditional, unsolicited stock-and-cash proposal by Choice Hotels International, Inc....
Choice Proposes Exchange Offer for Acquisition, Wyndham Responds
Choice Hotels International proposed an exchange offer to Wyndham Hotels & Resorts' shareholders to acquire the company. Wyndham released a response concerning the terms...
Scarlett Hotel Group and Everwood Hospitality Partners Merge
CHICAGO, Illinois, and ORLANDO, Florida—Scarlett Hotel Group and Everwood Hospitality Partners announced a partnership to leverage their combined resources and knowledge of the hospitality...
KSL Capital Partners Acquires Hersha Hospitality Trust
PHILADELPHIA, Pennsylvania—Hersha Hospitality Trust and KSL Capital Partners, LLC announced a definitive merger agreement entered into on August 27, 2023, under which affiliates of...
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Marriott Plans to Add 100 Properties in Europe Through 2026
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
Calling His Shots: Industry Veteran Kenneth Fearn Prioritizes Need for More Diverse Hotel Ownership
When Kenneth Fearn entered the lodging industry a couple of decades ago, many of the diversity and inclusion programs that now exist were just...
Cvent Passkey to Integrate With Maestro’s PMS Solution
TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution....
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