Wyndham Results Hurt By Cost and 'Noise' of Choice Hotels' Hostile Bid
Wyndham executives said a Choice Hotels offer to buy it has sandbagged them with work in rebuffing the offer and addressing regulators' concerns. The bill so far is $75 million.
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Wyndham executives said a Choice Hotels offer to buy it has sandbagged them with work in rebuffing the offer and addressing regulators' concerns. The bill so far is $75 million.
Shares of Airbnb Inc (NASDAQ: ABNB) tanked in early trading on Wednesday, after the company reported upbeat revenues for the fourth quarter.
The buzzword from travel companies for 2024 is normal. After the pandemic slammed the brakes on the tourism industry, and the subsequent years were the era of revenge travel, hotel...
NEW YORK (Reuters) -The buzzword from travel companies for 2024 is "normal." After the pandemic slammed the brakes on the tourism industry, and the subsequent years were the era of "revenge travel," hotel operators Hilton Worldwide and Marriott International and online travel agency Expedia expect demand to grow more slowly this year. They, along with other travel companies, are forecasting full-year 2024 profits short of the consensus from Wall Street analysts.
NEW YORK :The buzzword from travel companies for 2024 is "normal." After the pandemic slammed the brakes on the tourism industry, and the subsequent years were the era of "revenge travel," hotel operators Hilton Worldwide and Marriott International and online travel agency Expedia expect demand to grow more s