Choice Hotels CEO sees 'opportunity' in Wydnham bid
12/13/2023 01:22
Choice Hotel (CHH) shares have come under pressure due to the company's multiple bid attempts for Wyndham Hotel and Resorts (WH), the latest being a hostile bid. Choice Hotels International CEO and President Patrick Pacious joins Yahoo Finance Live to discuss the challenges ahead for the $8 billion bid and why he thinks the two companies could work well together. Pacious feels “very confident” in the growth of the business, despite the pressure on the stock and sees an “opportunity” to work with Wyndham. Pacious remains optimistic about how consumers will benefit from this merge. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Choice Hotel (CHH) shares have come under pressure due to the company's multiple bid attempts for Wyndham Hotel and Resorts (WH), the latest being a hostile bid.
Choice Hotels International CEO and President Patrick Pacious joins Yahoo Finance Live to discuss the challenges ahead for the $8 billion bid and why he thinks the two companies could work well together.
Pacious feels “very confident” in the growth of the business, despite the pressure on the stock and sees an “opportunity” to work with Wyndham. Pacious remains optimistic about how consumers will benefit from this merge.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.