Articles tagged “choice hotels”

Hotels

Hotel CEO Paydays Soared in 2023: Hilton’s Chief Leads with $57 Million

Hilton CEO Christopher Nassetta led the pack among hotel executives with a total compensation of $56.8 million in 2023, followed closely by Hyatt's Mark Hoplamazian at $56.4 million and Marriott's Anthony Capuano at $55.5 million.

Hotel CEO Paydays Soared in 2023: Hilton’s Chief Leads with $57 Million

Daily Lodging Report

Choice Hotels Addresses Failed Wyndham Merger

Choice Hotels commented on their Wyndham hostile takeover implosion and said it was challenged by a ‘difficult’ administration and a regulatory body that Choice said was ignorant of hotel industry pricing structures, among other reasons.

Hotels

Hoshino Resorts: How This CEO Built an Iconic Japanese Hotel Brand

Yoshiharu Hoshino, the CEO of Hoshino Resorts, is one of the world's most remarkable hotel executives. He's built a group of brands now intimately associated with Japan's tourism development and distinctive approach to hospitality.

Hoshino Resorts: How This CEO Built an Iconic Japanese Hotel Brand

Daily Lodging Report

Choice Hotels Ends Bid to Acquire Wyndham

The market liked this conclusion: both companies’ stock prices rose, with Choice Hotels up 6% and Wyndham Hotels 2%, indicating investor relief – or strategic reassessment.

Choice Hotels Ends Bid to Acquire Wyndham

Hotels

Choice Abandons Hostile Merger Bid for Wyndham Hotels

It's dead. Choice Hotels International’s hostile buyout offer of rival Wyndham Hotels & Resorts fizzled out because of an effective resistance by Wyndham's board and a lack of interest by Wyndham's shareholders.

Choice Abandons Hostile Merger Bid for Wyndham Hotels

Daily Lodging Report

Choice Hotels Tries Another Time With Wyndham

Choice Hotels issued a press release urging Wyndham stockholders to tender their shares before the March 8 deadline. We would characterize the press release as of begging WH shareholders to threaten they will pull the plug.

Hotels

Choice-Wyndham Merger Is a 50/50 Bet: What the Skift Travel 200 Reveals

The market has become less skeptical of Choice's hostile takeover bid for Wyndham, despite many roadblocks. The Skift Travel 200 sheds light on the thinking behind this offer.

Choice-Wyndham Merger Is a 50/50 Bet: What the Skift Travel 200 Reveals

Travel Technology

Airbnb, Uber, Booking, Hilton: The Risks AI Poses on Business

Experts compare the current AI-based tech revolution to the birth of the internet. With that level of magnitude comes plenty of issues.

Airbnb, Uber, Booking, Hilton: The Risks AI Poses on Business

Daily Lodging Report

Truist Has Its Own Ideas About Choice’s Designs on Wyndham

Truist met with Wyndham and Choice franchisees who had strong opinions about the merger and broad frustrations about brand costs and property valuation in limited service today.

Travel Technology

Choice Hotels Is Fully in the Amazon Cloud. Now Comes AI.

All hotel companies will eventually need to be completely in the cloud to take full advantage of new tech like generative AI.

Choice Hotels Is Fully in the Amazon Cloud. Now Comes AI.