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Wyndham to buy La Quinta's hotels. AccorHotels CEO sees bright future for merged company. La Quinta will continue to manage 300 of its 900 properties and keep its headquarters in Irving, Texas.
In January of this year, Wyndham announced that it intends to acquire La Quinta Inn and Suites. La Quinta currently has almost 900 properties worldwide all of which will become a part of the ...
The agreement between the two companies will have Wyndham buying La Quinta’s hotel franchise and hotel management businesses. This includes $715 million that will be used to pay off La Quinta ...
The 98-room La Quinta by Wyndham Batumi, opened with owner ELT Group, offers a wide range of rooms from king and twin rooms through to suites, catering to every type of traveller and party size.
Wyndham Worldwide will acquire La Quinta’s hotel franchise and hotel management businesses in a $1.95B cash deal. "As we anticipated, the separation of our businesses is enabling greater ...
Wyndham Worldwide Corp. on Thursday said it will buy La Quinta Holdings Inc.’s hotel franchise and management businesses for $1.95 billion in cash, adding 900 hotels to Wyndham’s portfolio.
Hotel operator Wyndham Worldwide Corporation, based in Parsippany, said Thursday that it has entered into a deal to acquire the La Quinta hotel chain for $1.95 billion. Wyndham, in a press release ...
Hotelier Ian Schrager on creating "luxury for all" 05:14 PARSIPPANY, N.J. - Wyndham is buying La Quinta's hotel franchise and management businesses for $1.95 billion in cash. Wyndham said Thursday ...
Under the terms of the agreement, stockholders of La Quinta will receive $8.40 per share in cash (approximately $1.0 billion in aggregate) and Wyndham Worldwide will repay approximately $715 million ...
Wyndham Worldwide Corp., based in Parsippany, New Jersey, will also repay about $750 million in debt held by La Quinta. The sale is targeted to close in the second quarter, if approved by La ...