Wyndham rejects Choice Hotels’ unsolicited exchange offer
The rejection comes after a comprehensive review with outside financial and legal advisers.
20 December 2023
20 December 2023
The rejection comes after a comprehensive review with outside financial and legal advisers.
Staff shortages and artificial intelligence are driving change as the travel and tourism industry returns to pre-pandemic levels.
The hotel seamlessly blends Swiss Alpine comfort with discreet luxury, offering a captivating setting for travellers.
The strategic move reflects the heightened demand for long-term accommodation among both business and leisure travellers.
The 150-key resort in Karjat, Maharashtra, intends to target adventure seekers, hikers and leisure travellers.
The rebranded property features amenities in line with the Fairfield by Marriott brand, serving solo and family travellers.
The deal comes after the hotel was placed in administration in August this year.
The company will have full ownership of the hotel, which is expected to open within two to three years.
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