Hints and tips:
...Choice Hotels International has scrapped its $9bn hostile takeover of Wyndham Hotels and Resorts, ending an almost year-long pursuit of the rival hotel group whose board repeatedly criticised the deal....
...Hilton Hotels and Wyndham Hotels & Resorts were each down about 2.7 per cent....
...Choice Hotels International has launched a nearly $10bn hostile bid to acquire rival Wyndham Hotels and Resorts....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
...Last week, for example, US budget hotel operator Choice made a $9.8bn public approach for rival Wyndham Hotels and Resorts after the latter broke off merger talks....
...Companies, including resorts and hotels in hot, tropical locations could eventually be customers of the tech — though concerns remain about environmental impact, with the insects being pollinators that affect...
...Crans-Montana will join an extensive portfolio that includes Vail Mountain in Colorado, Whistler in British Columbia and three resorts in Australia, together with the RockResorts hotel brand....
...Its properties include the City of Dreams resort and casino in Macau, which includes the Morpheus Hotel designed by Zaha Hadid Architects. It raised $1.1bn when it listed on Nasdaq in 2006....
...Hotels & Resorts Q3 Thursday Bank of England deputy governor Jon Cunliffe to speak at Economics of Payments conference in Washington EU: European Central Bank monthly interest rate decision US: Flash...
...The volumes of hotel deals struck in Europe increased to €4.3bn in the first quarter, according to real estate advisers Cushman & Wakefield....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...Wyndham Hotels & Resorts, the company behind La Quinta and Howard Johnson, reported a one-third increase in net income, despite lower revenue....
...The average age in the country was 37.2, and Japan was in a boom of karaoke parlours, bowling alleys, racecourses and resort hotels. The best golf courses were charging $2.6mn for membership....
...Similarly, it is clearly irritating for consumers to book a US hotel at one price and find its mandatory “resort fee” tacked on to the checkout bill, but it is a worthwhile gambit for the hotels themselves...
...After the acclaim and awards showered on The White Lotus, Mike White’s bijou hotel-based black comedy-drama, the show returns for a second series, now shifted from Hawaii to a Sicilian coastal resort....
...Cascade also owns most of the Four Seasons Hotels and Resorts, for example. Still, it’s an interesting portfolio....
...A version of this article was first published by Nikkei Asia on August 5 2022. ©2022 Nikkei Inc....
...The Ukrainian Hotel and Resort Association has hit out at international hotel companies for not taking the “ethical stance” of Best Western, which removed its six Russian hotels from its website this month...
...Not the hotel down the road from your parents’ house. If there’s volatility around resort pricing, it’ll show up in hotels....
...Hotels and Resorts Q3 Thursday International Energy Agency (IEA) world energy outlook report EU, European Central Bank monetary policy meeting meets Germany, Gfk consumer confidence survey Japan, Bank...
...But for Dimitris Manikis, president of Europe, Middle East and Africa for Wyndham Hotels, higher pay alone will not entice people to remain in the industry....
...Global hotel companies such as InterContinental Hotel Group, which launched a luxury resort brand last month, and Hyatt Hotels, which bought the high-end resort operator Apple Leisure for $2.7bn, have swung...
...Matt Maddox, head of Wynn Resorts casinos, also announced that he planned to depart in January....
...Within months of his release, Prince Alwaleed sold another hospitality asset, Mövenpick Hotels & Resorts, for cash proceeds of €482m. He will remain a minority investor in Four Seasons....
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