Stay updated with breaking news from Patrick Pacious. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 independent small business owners.
/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 world's largest lodging franchisors, today reported its second quarter 2023 results.