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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]
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.
Wyndham Hotels & Resorts rejected an unsolicited $8 billion buyout offer from Choice Hotels, a smaller chain that went public Tuesday with its bid after negotiations broke down. Wyndham, which ...
Choice Hotels said Tuesday that its exchange offer to shareholders of Wyndham, which runs Days Inn, La Quinta, Ramada and a host of other brands, is the same as its last bid to company management ...
Wyndham has gained 7.6% to $74 — well below the offer price by Choice — on uncertainty regarding a possible tie-up. The company initially offered $80 a share in April to buy Wyndham, then ...
Days Inn is a hotel chain headquartered in the United States.It was founded in 1970 by Cecil B. Day, who opened the first location in Tybee Island, Georgia.The brand is now a part of the Wyndham Hotels and Resorts, headquartered in Parsippany, New Jersey, which used to be a part of Cendant.
Howard Johnson by Wyndham, [7] still commonly referred to as Howard Johnson's, is an American hotel brand with over 200 hotels in 15 countries. [6] It was also formerly a restaurant chain, which at one time was the largest in the U.S., with more than 1,000 locations.
Wyndham (WH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.