October 17, 2023
Willkie is advising Choice Hotels International in its proposal to acquire Wyndham Hotels & Resorts, Inc. at a price of $90.00 per share, a transaction valued at approximately $9.8 billion.
On October 17, Choice Hotels International announced a proposal to acquire all the outstanding shares of Wyndham Hotels & Resorts, Inc. at a price of $90.00 per share, payable in a mix of cash and stock. The proposed transaction is valued at approximately $9.8 billion.
Willkie previously represented Choice Hotels in its acquisitions of Radisson Hotel Group Americas in 2022, and WoodSpring Suites in 2017.
Choice Hotels International, Inc. is one of the leading lodging franchisors in the world. Choice has nearly 7,500 hotels, representing almost 630,000 rooms, in 46 countries and territories.
Wyndham Hotels & Resorts is one of the world’s largest hotel franchising company by the number of properties, with approximately 9,100 hotels across over 95 countries on six continents.
The Willkie team is led by partners Adam Turteltaub and Danielle Scalzo.
On October 17, Choice Hotels International announced a proposal to acquire all the outstanding shares of Wyndham Hotels & Resorts, Inc. at a price of $90.00 per share, payable in a mix of cash and stock. The proposed transaction is valued at approximately $9.8 billion.
Willkie previously represented Choice Hotels in its acquisitions of Radisson Hotel Group Americas in 2022, and WoodSpring Suites in 2017.
Choice Hotels International, Inc. is one of the leading lodging franchisors in the world. Choice has nearly 7,500 hotels, representing almost 630,000 rooms, in 46 countries and territories.
Wyndham Hotels & Resorts is one of the world’s largest hotel franchising company by the number of properties, with approximately 9,100 hotels across over 95 countries on six continents.
