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Budget Hotels

All articles tagged with #budget hotels

travel1 year ago•0 min saved

"2024 Total Solar Eclipse: Map, Timeline, and Cosmic Snacks Guide"

Budget hotels in rural Texas towns are charging exorbitant rates, up to eight to ten times their normal prices, for rooms during the upcoming solar eclipse on April 8, 2024, when prime viewing will occur in the "zone of totality." The Wine Country Inn in Fredericksburg and The Inn at Uvalde are among those seeking over $1,000 for a single night's stay, sparking concerns of price gouging as tourists flock to the area for the astronomical event.

via Bloomberg|

#budget-hotels #price-gouging #solar-eclipse-2024

business2 years ago•2 min saved

Choice Hotels in Talks to Acquire Wyndham Hotels & Resorts

Choice Hotels International is reportedly in talks to acquire Wyndham Hotels & Resorts, which would create a budget hotel giant in the US. The talks are in the early stages and it is unclear whether Wyndham is interested in pursuing a tie-up with Choice. If Wyndham decides not to proceed with a deal, Choice Hotels could choose to go hostile and take an offer directly to Wyndham's shareholders. The news comes at a time when high inflation and recession risks could sap consumer spending on travel and drive up demand for affordable hotels.

via Reuters.com|

#budget-hotels #business #choice-hotels

business2 years ago•1 min saved

Choice Hotels in Talks to Acquire Wyndham Hotels - WSJ

Choice Hotels International is reportedly seeking to acquire Wyndham Hotels & Resorts, which would create one of the largest budget hotel owners in the US, with brands including Days Inn and Econo Lodge. Choice Hotels has expressed its desire to grow in upscale segments.

via The Wall Street Journal|

#acquisition #budget-hotels #business