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Wyndham Hotels
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations. The company was formed on June 1, 2018, as a spin-off from Wyndham Worldwide, which is now known as Travel + Leisure. As of 2024, it has a portfolio of 25 hotel brands, amongst them are Days Inn, Howard Johnson's, Ramada, Super 8 and Travelodge. History Background and Foundation The company's origins can be traced to the founding of Hospitality Franchise Systems (HFS) in 1990, created as a vehicle to acquire hotel franchises. By 1995, it had acquired the Days Inn, Howard Johnson, Ramada, and Super 8 brands. HFS then expanded into other businesses, and, in 1997, merged with CUC International to form Cendant Corporation. In 2005, Cendant bought the Wyndham hotel brand from the Blackstone Group. The Wyndham hotel brand was created in 1981 in Dallas, Texas, by Trammell ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ramada
Ramada is a large American multinational hotel chain owned by Wyndham Hotels & Resorts. As of December 31, 2022, it operates 851 hotels with 120,344 rooms across 63 countries under the Ramada brand. Name The ''Ramada'' name derives from the Spanish term ''rama'' (meaning "branch"). Temporary open-air structures called "ramadas" (meaning "porch" or "arbor"), made of brush or branches (similar to an arbor) were popular in Arizona during harvest time. Company websites commonly refer to the structure as a "shady resting place". History Foundation and early years Longtime Chicago restaurateur Marion W. Isbell (1905–1988) founded the chain in 1953 along with a group of investors including Michael Robinson of McAllen, Texas (who later went on to start Rodeway Inns in the early 1960s) and Del Webb of Phoenix (who owned the New York Yankees and went on to establish his own lodging chain, Hiway House, in 1956). Other original investors of Ramada Inns included Isbell's brot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hawthorn Suites
Hawthorn Suites is a chain of hotels in the United States owned by Wyndham Hotels and Resorts. Most Hawthorn Suites offer amenities such as meeting rooms, exercise facilities, swimming pools, and a free hot buffet breakfast and dinner. It competes with Hilton's Homewood Suites, Hyatt's Hyatt House, Marriott's Residence Inn, and InterContinental's Staybridge Suites in the upper moderate to low upscale segment of the extended-stay market. Since Hawthorn is not an entirely exclusive extended-stay brand, however, it may also compete with Marriott's SpringHill Suites and Comfort Suites in the non-extended-stay, all-suite segment of the market. As of December 31, 2018, it has 110 properties with 10,633 rooms. History The chain was founded in 1983 in Austin, Texas by Hawthorn Property Group, a real estate company based in Chicago, Illinois. The chain's first properties were in and around Austin, with two of them having been acquired from the Austin-based Brookhollow chain in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wyndham Worldwide
Travel + Leisure Co. (formerly Wyndham Destinations, Inc., and Wyndham Worldwide Corporation) is an American timeshare company headquartered in Orlando, Florida. It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham, WorldMark by Wyndham, Margaritaville Vacation Club, and Accor Vacation Club. The company provides timeshare exchange services, primarily through RCI, and travel clubs including Travel + Leisure GO. The company operates two business lines: Vacation Ownership and Travel & Membership. Wyndham Worldwide was formed as a spin-off from Cendant Corporation in 2006, with ownership of Cendant's hotel and timeshare businesses. In 2018, Wyndham Worldwide spun off its hotel division as Wyndham Hotels & Resorts and changed its own name to Wyndham Destinations and then to Travel + Leisure in 2021 following the acquisition of the brand from Meredith Corporation, later known as Dotdash Meredith. The '' Travel + Leisu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patriot American Hospitality
Wyndham International, previously Patriot American Hospitality, was an American hotel company based in Dallas, Texas. History Patriot American Hospitality was formed in April 1995 as a real estate investment trust (REIT) and made its initial public offering in October 1995. In 1997, Patriot American combined with the parent companies of the Bay Meadows Racetrack in a reverse merger, effectively splitting into two companies under the same ownership: a REIT and an operating company. In January 1998, Patriot American bought Wyndham Hotel Corporation for $1.3 billion, and changed its operating company's name to Wyndham International. In June 1998, Patriot American and Wyndham acquired Interstate Hotels, the largest independent hotel operator in the country, for $2.1 billion. Interstate's portfolio included 40 owned-and-operated hotels, most of them in the upscale segment, and 182 other hotels under lease or management. Many of the Interstate hotels were planned to be converted to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salisbury Post
The ''Salisbury Post'' is an American, English-language daily newspaper, founded in 1905, in Salisbury, North Carolina Salisbury ( ) is a city in the Piedmont (United States), Piedmont region of North Carolina, United States; it has been the county seat of Rowan County, North Carolina, Rowan County since 1753 when its territory extended to the Mississippi River. ... that serves the city and other municipalities in Rowan County, as well as the county itself. The publisher of the ''Post'' is John Carr and its editor is Chandler Inions. The paper was known as the ''Salisbury Evening Post'' (1905–1984). History The ''Salisbury Post'' debuted as ''The Salisbury Evening Post'' on January 9, 1905, and immediately proclaimed itself as "Salisbury's Leading Afternoon Newspaper." J. B. Doub, E. C. Arey and Gabe M. Royal launched the newspaper at 114½ North Main Street, on the floor over G.A. Jackson's saloon. Joe X. Roueche and Clint N. Brown, former owners and publishers of the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune (magazine)
''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and '' Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists including ranking companies by revenue such as in the ''Fortune'' 500 that it has published annually since 1955, and in the ''Fortune'' Global 500. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929, who declared it as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trammell Crow Company
Trammell Crow Company is a global real estate development firm. It has been a subsidiary of CBRE Group since 2006. History The company was founded by Trammell Crow Fred Trammell Crow (June 10, 1914 – January 14, 2009) was an American real estate developer from Dallas, Texas. He is credited with the creation of several major real estate projects, including the Dallas Market Center, Peachtree Center in Atlan ... in 1948. In June 2006, the company announced that it would be acquired by CBRE Group. In 2010, the company moved its headquarters from Trammell Crow Center to 2100 McKinney Ave. References {{realestate-stub Companies based in Dallas Property management companies Real estate companies of the United States 2006 mergers and acquisitions 1948 establishments in Texas Real estate companies established in 1948 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in seed capital. The founders derived their firm's name from their names: "Schwarz" is German for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cendant Corporation
Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New York City, the majority of its headquarters employees were in Parsippany-Troy Hills, New Jersey. Its last CEO was Henry Silverman. History Founding Hospitality Franchise Systems Inc. (HFS) was created as an affiliate of the Blackstone Group, a private equity firm, as a vehicle to acquire hotel franchises. It was led by Henry Silverman, a Blackstone partner and former CEO of Days Inn. It began in 1990 by buying Howard Johnson's and the U.S. rights to the Ramada brand from Prime Motor Inns for $170 million. In 1992, HFS bought the Days Inn franchise out of bankruptcy for $290 million. This purchase made HFS the largest hotel franchisor in the world, with its brands licensed to 2,300 hotels. Blackstone took Hospitality Franchise Systems ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CUC International
CUC (Comp-U-Card) International Inc. was a membership-based consumer services conglomerate with travel, shopping, auto, dining, home improvement and financial services offered to more than 60 million customers worldwide based in Stamford, Connecticut, US, and founded in 1973 by Kirk Shelton and Walter Forbes. In 1998, it became involved in a Securities and Exchange Commission investigation into what, at the time, was the biggest accounting scandal in corporate history. History Their main product, a shopping service, originally a membership telephone-based drop-ship service called Comp-U-Card begun in 1973, was made available online to users of The Source in the mid-1980s, and later CompuServe after its purchase of The Source. It later offered its Shoppers Advantage service on America Online, Prodigy, GEnie and Delphi as well. It was perhaps the first company conducting electronic commerce, although its web based service first went online in 1995. CUC's main line of operat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
