Thursday, August 11, 2022
North America

Choice Completes Acquisition of Radisson Hotels Americas

  • Choice Hotels International, Inc. has completed the acquisition of the franchise business, operations and intellectual property of Radisson Hotels Americas.
  • Selina filed with the U.S. Securities and Exchange Commission a registration statement on Form F-4, in connection with its previously announced proposed business combination with BOA Acquisition Corp.
  • The Gulf Coast’s first beachfront Hyatt Place hotel is now open in Panama City Beach.

The DJIA rose 27 points, Nasdaq was down 75, the S&P 500 was down 3 points and the volatility was back in the treasuries with the 10-year Treasury yield up .10 to 2.89%. Lodging stocks were higher. VCSA and SOND responded well to earnings, up 33% and 7% respectively. SOHO was up 8% ahead of their earnings report but already gave back some […]