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The spin-off of Wyndham's hotel business occurred on May 31, 2018, creating Wyndham Hotels & Resorts. In June 2024, the hotel chain has more than 9,200 hotels in over 95 countries, represented by 24 brands. [22] In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham for $90 per share. [23]
La Quinta by Wyndham, also known as La Quinta Inn & Suites (Spanish: La Quinta, "the country villa", pronounced [la ˈkinta]) is a chain of limited service hotels in the United States, Canada, Mexico, and Honduras owned by Wyndham Hotels & Resorts. La Quinta Holdings, Inc. first sold shares to the public in April 2014.
The chain was founded in 1983 in Austin, Texas by Hawthorn Property Group, a real estate company based in Chicago, Illinois. The chain's first properties were in and around Austin, with two of them having been acquired from the Austin-based Brookhollow chain in 1985. [2] It was acquired in 1986 by the Pritzker family, owners of Hyatt at the ...
Baymont by Wyndham, [2] formerly branded as Baymont Inn & Suites, is a hotel franchise owned by Wyndham Hotels & Resorts and based in the United States. [3] As of December 31, 2023, it has 546 properties with 41,357 rooms.
The trademark rights and franchise system were acquired for $39 million by HFS Inc., owner of other hotel brands such as Days Inn and Ramada. [5] [6] HFS was later merged into Cendant Corporation, [7] and Cendant's hotel services, including Travelodge, were spun off as Wyndham Hotels and Resorts in 2006. [8]
The firm grew rapidly in the late 1990s, acquiring multiple portfolios of hotels and renaming them Wyndhams. In 1998, the company introduced a short-lived luxury brand, Grand Bay Hotels & Resorts, which would include 11 hotels that the company had acquired over the past few years and would turn Wyndham into a multi-brand hotel operating and ownership organization.
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