RLH Corporation to Acquire Knights Inn Brand from Wyndham
DENVER—RLH Corporation today announced it has entered into a definitive agreement to acquire the Knights Inn brand from Wyndham Hotel Group for an aggregate price of $27 million cash. The Knights Inn brand has more than 350 economy segment hotels across North America and a pipeline of about 47 more hotels. The transaction is expected to close in the second quarter of 2018, subject to customary closing conditions. RLH Corporation expects the transaction to enhance franchise … Continue reading RLH Corporation to Acquire Knights Inn Brand from Wyndham
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