Choice Hotels Reportedly Explores Acquisition of Wyndham
In what could potentially represent its second major brand company acquisition in as many years, Choice Hotels reportedly has inquired about the possibility of bringing Wyndham Hotels & Resorts under its umbrella, according to The Wall Street Journal. Driven by speculation of a possible deal, Wyndham shares on Tuesday surged closing up more than 5%, while Choice shares dropped 4.6% on the day. The Wall Street Journal further added that the companies are not in […]
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