Jody Lurie, credit analyst with Bloomberg Intelligence, joins Bloomberg Radio to discuss Wyndham rejecting the Choice Hotels takeover. Watch Bloomberg Radio LIVE on YouTube Weekdays 10am-6pm ET WATCH
CHH sees its EBITDA expanding by +10% in fiscal 2024 as per the company's most recent financial guidance. In contrast, the consensus FY 2024 EBITDA growth forecast for Choice Hotels is +7.5%, and this
Wyndham rejects the offer, saying it involves significant business and execution risk.

Wyndham rejects Choice Hotels nearly $8B offer

12:13pm, Tuesday, 17'th Oct 2023
A potential combination would marry Choice Hotels' brands such as Econo Lodge, Quality Inn and Clarion with Wyndham's Days Inn and Travelodge, offering inflation-hit customers a wide choice of afforda
Wyndham Hotels & Resorts Inc (NYSE: WH) jumped more than 10% today after Choice Hotels International Inc (NYSE: CHH) announced a hostile bid to takeover the world's largest hotel franchiser. Choice CE
Choice Hotels offered to buy Wyndham Hotels and Resorts in a deal worth nearly $10 billion, including debt, after Wyndham walked way from the negotiating table a few weeks ago.
The industry is benefiting from increasing demand and RevPAR. Stocks like HLT, IHG and CHH will likely benefit from the prevailing scenario.
Wyndham Hotels & Resorts stock surged early Tuesday after rival Choice Hotels offered to buy the company for $90 a share.
CNBC's Becky Quick reports on the latest news.
Choice Hotels International Inc. CHH has launched a hostile to acquire Wyndham Hotels & Resorts Inc. WH, sending Wyndham's stock rising 17.7% in premarket trades Tuesday, while Choice shares fell 5.5%
Choice Hotels (CHH) benefits from synergies through the integration of Radisson Hotels Americas and momentum in the conversion projects pipeline.
ROCKVILLE, Md. , Oct. 10, 2023 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, will report its 2023 third quarter earnings results at app
Choice Hotels (CHH), in partnership with Grubhub, introduces a food order and delivery service under Choice Privileges in 500 participating Choice Hotels. This initiative aligns with the company's goa
Choice Hotels (CHH) focuses on incremental conversion and new construction brands to expand the reach of its franchise business. However, high costs are a concern.
Choice Hotels (CHH) reported earnings 30 days ago. What's next for the stock?
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