Hotel franchisees fear they could lose their competitive edge in the economy segment if the deal is made, according to AAHOA President and CEO Laura Lee Blake.| Hotel Dive
In its latest move to buy out its peer, Choice is attempting to skirt Wyndham’s current leadership, which has repeatedly rejected its acquisition bid, by adding its own presence to the company’s board.| Hotel Dive
Choice made an exchange offer to buy its peer Tuesday, a proposal Wyndham said “appears unchanged” to its previous bid.| Hotel Dive
Choice CEO Patrick Pacious said the company’s integration of Radisson Americas, including third-quarter synergies from the deal, indicates a Choice-Wyndham merger could be successful.| Hotel Dive
Choice said the integration is already producing “significant benefits” — something the company believes it could also achieve with a Wyndham merger.| Hotel Dive