Choice Bids $7.8B for Wyndham

 

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October 18, 2023 Choice Bids $7.8B for Wyndham By Angelique Platas Choice Hotels International has proposed to acquire Wyndham Hotels & Resorts for $90 a share in a cash and stock offer of $7.8 billion, the hotel company announced Tuesday. Wyndham's board of directors in a Tuesday statement spurned Choice's offer. Keep Reading Southwest Adds Automated Features to Mtgs. Product Southwest Airlines has enhanced its meetings product with new automated features and the ability to book meetings travel through multiple channels. Keep Reading Amex GBT Survey: 2024 Mtgs. Spending to Rise Most meetings and events professional respondents project 2024 meetings spending will increase alongside in-person demand, according to a survey from Amex GBT Meetings & Events. Keep Reading Extend Adds Automated Receipt-Matching Capabilities Virtual card and spend management platform Extend has added an AI-powered receipt matching feature, the company announced. Keep Reading DOT: July U.S. Air Cancellation Rate Continues to Rise U.S. carriers in July operated more flights than they did a year ago and in June, but cancellations also rose, according to the U.S. DOT. Keep Reading 682 Average traveler satisfaction score on a 1,000-point scale with hotel mobile apps, the highest such score among travel suppliers, according to J.D. Power. Check It Out TripStax to Provide GDS Content, Profile Tech to Tripgrid Team travel corporate online booking tool Tripgrid is tapping travel management technology provider TripStax for content and profile technology, the companies announced.  301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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