Wednesday, June 28, 2023
North America

Choice Merger With Radisson Americas Is on Track

  • Choice Hotels to integrate nearly 600 Radisson Americas hotels onto its reservation delivery engine and loyalty program.
  • Dauntless Capital Partners purchases Hilton Garden Inn Bethesda Downtown for immediate renovation.
  • Excel Hotel Group plans to build a 130-room SpringHill Suites Hotel in Grover Beach, California.

The DJIA fell 74 points but Nasdaq was up 36, the S&P 500 was down a point and the 10-year treasury yield was down .06 to 3.71%. Lodging stocks were mixed. SOND was up 9%, VCSA was up 6% but SHCO was down -5% on the day to top the big movers. Choice Hotels International, Inc. is on pace to integrate the nearly […]