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In August 2017, Wyndham announced plans to spin off Wyndham Hotel Group to shareholders as a separate publicly traded company. [18] In October 2017, Wyndham launched its first soft brand product, the Trademark Hotel Collection, a collection of more than 50 upper-midscale-and-above hotels in Europe and the U.S. [ 19 ]
In 2005, Cendant bought the Wyndham hotel brand from the Blackstone Group. On July 31, 2006, Wyndham Worldwide was created as a spin-off from Cendant with ownership of its hotel and timeshare businesses, as part of a plan to break Cendant up into four separate companies. In 2013, Wyndham acquired Shell Vacations Club for $102 million plus $153 ...
Dolce Hotels and Resorts is a brand of independently owned hotels by Wyndham Hotels & Resorts that targets business travelers. The brand touts easy navigation for meeting planners as well as other business clients. Wyndham acquired Dolce in 2015, [2] and has been promoting the brand internationally. Dolce manages major, historic properties.
Wyndham's portfolio at the time of the sale included ownership of 32 hotels, [15] plus management agreements for 29 other properties and franchise agreements for 82 other Wyndham-branded hotels. [16] In the months following the sale, Blackstone transferred 14 of the owned-and-operated hotels to its newly created LXR Luxury Resorts brand, [ 14 ...
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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 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]
Microtel by Wyndham in Baltimore. The first location opened in 1989 in suburban Rochester, New York. [2] There are now over three hundred properties around the world. [1]On July 21, 2008, Wyndham Hotels and Resorts [3] purchased US Franchise Systems, Inc., owner of the Microtel Inn & Suites and Hawthorn Suites brands, from Global Hyatt.