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CHH / Choice Hotels International rumored acquisition of Wyndham could provide needed growth, broker says

Choice Hotels International, Inc. (CHH) could be looking to acquire Wyndham Hotels in a deal that would create one of the US's biggest budget hotel chains, The Wall Street Journal reported on May 23. While CHH is not commented, analysts at UBS pointed out that it wouldn't be the first time the group has turned to acquisitions to grow, acquiring about half of the 22 brands it owns today. Read More

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CHH

Posted: Jun 7 2023, 13:20

Author Name: Proactive Investors

CHH News

By Zacks Investment Research
October 31, 2023

Choice Hotels (CHH) Reports Next Week: Wall Street Expects Earnings Growth

Choice Hotels (CHH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared w

By Zacks Investment Research
October 18, 2023

Choice Hotels (CHH) Faces Setback as Wyndham Rejects Buyout Bid

Choice Hotels' (CHH) bid to acquire Wyndham (WH) at $90 per share, a mix of stock and cash, faces resolute rejection.

By Market Watch
October 18, 2023

Choice Hotels' hostile bid for Wyndham Hotels may result in a proxy battle, Truist says

Choice Hotels International Inc.'s hostile bid for Wyndham Hotels & Restaurants Inc. could result in a potential proxy battle, says Truist Securities.

By Investopedia
October 17, 2023

Wyndham Shares Soar as Choice Hotels Proposes $7.8 Billion Acquisition Deal

The stock of Wyndham Hotels & Resorts Inc. (WH) rose more than 8% in trading Tuesday after Choice Hotels International Inc. (CHH) proposed to acquire

By Bloomberg Markets and Finance
October 17, 2023

Wyndham Rejects Choice Hotels' $9.8 Billion Takeover Bid

Jody Lurie, credit analyst with Bloomberg Intelligence, joins Bloomberg Radio to discuss Wyndham rejecting the Choice Hotels takeover. Watch Bloomberg

By Seeking Alpha
October 17, 2023

Choice Hotels: 2024 EBITDA Growth Could Exceed Expectations

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 gr

By New York Post
October 17, 2023

Wyndham rejects Choice Hotels nearly $8B offer

A potential combination would marry Choice Hotels' brands such as Econo Lodge, Quality Inn and Clarion with Wyndham's Days Inn and Travelodge, offerin

By Invezz
October 17, 2023

Choice Hotels resorts to a hostile bid to take over Wyndham Hotels

Wyndham Hotels & Resorts Inc (NYSE: WH) jumped more than 10% today after Choice Hotels International Inc (NYSE: CHH) announced a hostile bid to takeov

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