/Tag: wyndham


Wyndham Hotels & Resorts Appoints Michele Allen as Chief Financial Officer

Wyndham Hotels & Resorts | December 3, 2019

PARSIPPANY, N.J. – December 3, 2019 – Wyndham Hotels & Resorts (NYSE: WH) today announced that David B. Wyshner has decided to step down as Chief Financial Officer, effective immediately, and move into a senior advisory role reporting to President and Chief Executive Officer Geoff Ballotti until March 1, 2020. “As the CFO of Wyndham Worldwide and later Wyndham Hotels & Resorts, David was absolutely instrumental in the divestiture of our European Vacation Rentals Business, the acquisition of La Quinta Holdings, our spin-off from our parent company, establishing a new Finance leadership team and setting us up for the future.  ...

Hotel Brands: Who Owns What?

Jennifer Luo | November 25, 2019

Hilton, The Ritz-Carlton, Marriott, Wyndham, Hyatt, and so many more - discover the names behind the hotel brands. By Jennifer Luo #1. Marriott International Inc. Brands Marriott International - Overview Properties: 6,906 Rooms: 1.32 million Number of Countries: 130 Revenue 2018: $20.8 Billion Four categories of hotel brands make up Marriott's portfolio: Luxury: Bespoke and superb amenities and services Edition, The Ritz-Carlton, JW Marriott,  The Luxury Collection, W Hotels Worldwide, St Regis Hotels & Resorts, Bvlgari Hotels & Resorts. Premium: Sophisticated and thoughtful amenities and services. ...

Wyndham Hotels & Resorts Honors Hoteliers With Inaugural Awards

Wyndham Hotels & Resorts | September 27, 2019

World’s largest hotel franchising company recognizes exceptional franchisees with new Wyndham Humanitarian and Wyndham Developer awards LAS VEGAS, Sept. 27, 2019 – Wyndham Hotels & Resorts (NYSE: WH) – the world’s largest hotel franchising company with approximately 9,200 hotels across more than 80 countries – introduced two inaugural awards honoring franchisees who embody its mission to make hotel travel possible for all at its first global conference as an independent hotel company. The two new awards, The Wyndham Humanitarian Award and The Wyndham Developer Award, recognize franchisees who show leadership in each area b...

Wyndham Hotels & Resorts Enters Denmark in Collaboration With Danish Chain Comwell Hotels

Comwell Hotels | August 28, 2019

Copenhagen -- August 28, 2019 -- Wyndham Hotels & Resorts – the world’s largest hotel franchising company with approximately 9,200 hotels in more than 80 countries – and Comwell Hotels – an award-winning hotel chain in Denmark – today announced the signing of an exclusive agreement to open multiple hotels under the Dolce Hotels and Resorts by Wyndham brand in Denmark. The collaboration, which marks Wyndham’s first entry in the country, will initially include two openings in Copenhagen and Aarhus. One of Wyndham Hotels & Resorts’ 20 iconic hotel brands, Dolce by Wyndham is designed to inspire and delight guests by tur...

Wyndham Signs With Pete Patel for Development of Five Microtels Under Brand’s Moda Prototype Design

Wyndham Hotels & Resorts | August 13, 2019

PARSIPPANY, N.J. (August 13, 2019) – Microtel® by Wyndham, the award-winning economy hotel brand under Wyndham Hotels & Resorts (NYSE: WH), today announced an agreement with developer Pete Patel for five new properties under the brand’s innovative Moda prototype design.  Just five months after launching the prototype, designed to increase operational efficiencies and lower development costs for hoteliers, Microtel by Wyndham’s pipeline is expanding with over a dozen new hotels adopting the design. The agreement with Patel calls for Microtel by Wyndham properties in strategic growth markets including Destin and Fort Walton Beach...

Going Global: Wingate by Wyndham Expands in Three Countries With 14 Hotel Openings

Wyndham Hotels & Resorts | September 25, 2018

PARSIPPANY, N.J., Sept. 25, 2018 -- Wyndham Hotels & Resorts, the world's largest hotel franchisor with nearly 9,000 hotels and 20 powerhouse brands, is bolstering its network of midscale hotels and extending the global footprint of its award-winning Wingate by Wyndham® brand with the recent opening of 14 locations across both hemispheres, including the first Wingate hotel in China and new additions to the brand's established presence in the U.S. and Canada. Wingate is suited for travelers seeking balance in work, life, and everything in between, offering what's needed to stay connected, productive, and ready for wha...

La Quinta Board of Directors Approves Spin-Off of CorePoint Lodging in Connection with Transaction with Wyndham Worldwide

May 9, 2018

IRVING, Texas, May 09, 2018 -- La Quinta Holdings Inc. ("La Quinta" or the "Company") (NYSE:LQ) today announced that its Board of Directors has formally approved the distribution to its stockholders of all of the outstanding shares of common stock of CorePoint Lodging Inc. ("CorePoint Lodging"), which will become the holder of the owned real estate assets previously held by La Quinta. Promptly following the distribution of CorePoint Lodging, La Quinta, which will then continue to hold its management and franchise businesses, expects to complete the previously announced merger (the "Merger") with Wyndham Worldwide Corporation ("Wyndham W...

Wyndham Worldwide to Sell Its European Vacation Rental Business to Platinum Equity for $1.3 Billion

Platinum Equity | February 15, 2018

PARSIPPANY, N.J., Feb. 15, 2018 -- Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has entered into a definitive agreement for the sale of its European vacation rental business to Platinum Equity for approximately $1.3 billion. In conjunction with the sale, the European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of 1% of net revenue to Wyndham's hotel business for the right to use the by Wyndham Vacation Rentals® endorser brand. The European vacation rentals operations will also participate as a redemption partner in the award-winning Wyndham Rewards®...

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