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In 2018, Park Hotels sold 13 hotels that it considered "non-core" assets, including 10 of its 14 international properties, for a total of $519 million. [ 11 ] [ 12 ] [ 13 ] HNA Group , which had owned 25 percent of the company, sold all its shares in March 2018 in a stock buyback and a secondary offering for a total of $1.4 billion.
Preferred Hotels & Resorts was founded by 12 North American hoteliers in 1968, originating as a referral organization for hotels. [3] In 1981, the association rebranded under the name Preferred Hotels Worldwide, and ended the personal referral system previously used for membership.
Conduent Inc. is an American business services provider company headquartered in Florham Park, New Jersey. It was formed in 2017 as a divestiture from Xerox. [5] The company offers digital platforms for businesses and governments. [6] [7] [8] As of 2021, it had over 31,000 employees working across 22 countries. [4]
Conduent Education Services, formerly ACS Education Services, was a company that serviced private, campus-based and federal student loans. It closed on Sept. 1, 2019, and transferred its loans to ...
Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997. [5] The company also developed the Crossland Economy Studios brand as a budget extended-stay hotel brand. [6] The 47 unit Crossland brand was sold to Westmont Hospitality Group for $285 Million in December, 2015. [7]
Hotels.com, L.P. [1] is a global website for booking hotel rooms online and by telephone. The company has 85 websites in 34 languages, and lists over 325,000 hotels in approximately 19,000 locations. The company has 85 websites in 34 languages, and lists over 325,000 hotels in approximately 19,000 locations.