Lodging Daily News

development and construction planning
WILLISTON, Vermont—Maine Course Hospitality Group announced the groundbreaking of a new TownePlace Suites by Marriott in Williston, Vermont, a submarket of the greater Burlington area. This venture is a result of a collaborative effort between Maine Course Hospitality and Redstone VT Property Management, the property’s owner and developer. The new TownePlace Suites by Marriott in Williston will offer travelers an extended-stay hotel with kitchens and suites. The hotel will have amenities including a fitness center,
BWH Hotels’ Annual Convention was held Sept. 19-21 at the Hawaii Convention Center and Hilton Hawaiian Village. Speaking at the opening general session, President of International Operations Ron Pohl identified the “three primary strategies” he had put in place for 2023: (1) transforming as a global brand, (2) retaining and growing the company’s brands around the world, and (3) building a strong environmental, social, and governance (ESG) program. Dovetailing with the first strategy, Pohl’s team

Choice Proposes Exchange Offer for Acquisition, Wyndham Responds

Posted by LODGING Staff on  December 12, 2023
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Category: Industry News, M&A
Choice Hotels International proposed an exchange offer to Wyndham Hotels & Resorts’ shareholders to acquire the company. Wyndham released a response concerning the terms presented by Choice. Below is the information provided by both companies. Choice’s Exchange Offer NORTH BETHESDA, Maryland—Choice announced that it is commencing an exchange offer to acquire Wyndham to present its proposal directly to Wyndham shareholders. Choice continues to believe that a transaction with Wyndham is pro-competitive and would generate value
With the holiday season in full swing, the joy of reuniting with loved ones brings excitement and anticipation, but according to a new holiday travel survey by IHG Hotels & Resorts, it might also come with an unexpected need for additional rest. The poll of 2,000 U.S. holiday travelers, conducted by IHG in collaboration with OnePoll, showed that 71 percent of travelers said they’d need a separate vacation after spending time with their family to
Ferit Ferhangil

Waramaug Hospitality Names Ferit Ferhangil CEO

Posted by LODGING Staff on  December 12, 2023
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Category: Comings & Goings, People
MIAMI, Florida—Waramaug Hospitality announced current partner and principal Ferit Ferhangil will become its chief executive officer, effective Jan. 1, 2024. Ferhangil will succeed Leslie Ng, who will assume the position of co-vice chairman and will focus on the company’s acquisitions by leveraging his contacts. In addition to Ng and Ferhangil, the company board will include Evren Unver as co-vice chairman and Paul Nussbaum as chairman. The decision reflects the company’s commitment to its future growth