Page 12 - Patrick Pacious News Today

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.

When the Patel family opened a hotel in Dickinson, North Dakota in 2007, they agreed that brand recognition offered by a large franchise chain would be a valuable trade-off to operating independently. After careful analysis, they chose to operate their family hotel as a Quality Inn and Suites with Choice Hotel International Inc. (Choice Hotels). This is similar to the decisions being made by thousands of entrepreneurs each year to become franchisees of large brands instead of working as independ...

/PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) today announced key executive appointments that position the company for continued future growth...

Operator: Ladies and gentlemen, thank you for standing by. Welcome to Choice Hotels International Second Quarter 2023 Earnings Call. At this time, all lines are in a listen-only mode.

Choice Hotels International, Inc. (NYSE: CHH), one of the worlds largest lodging franchisors, today reported its second quarter 2023 results.

/PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the worlds largest lodging franchisors, today reported its second quarter 2023 results....

Article - Choice Hotels Reports Quarterly Record for Total Revenues for Q2 2023 - Total revenues reached $427.4 million for second quarter 2023, a quarterly record and a 16% increase compared to the same period of 2022.

Mergers hurt companies more often than help. Yet Choice Hotels seems to be the exception with its Radisson Americas merger so far. Expect Choice to be emboldened to do another deal. A European acquisition would be smart.

WoodSpring Earns Top Honors for a Second Consecutive Year in J.D. Power Study ROCKVILLE, Md., Aug. 1, 2023 /PRNewswire/ -- Choice Hotels International, Inc. , the industrys challenger in the...

The 114-room Choice Hotels International brand is shown at Southside Connector and Tredinick Parkway.