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Ramada is a large American multinational hotel chain owned by Wyndham Hotels & Resorts. As of December 31, 2022, it operates 851 hotels with 120,344 rooms across 63 countries under the Ramada brand. As of December 31, 2022, it operates 851 hotels with 120,344 rooms across 63 countries under the Ramada brand.
Ramada International is the company that owns, operates, and franchises hotels using the Ramada brand name outside of the United States and Canada. Ramada International was formerly owned by Marriott International , a competitor of Cendant , which owned Ramada in the United States and Canada.
Travel + Leisure Co. (formerly Wyndham Destinations, Inc., and Wyndham Worldwide Corporation) is an American timeshare company headquartered in Orlando, Florida. [7] It develops, sells, and manages timeshare properties under several vacation ownership clubs, including Club Wyndham, WorldMark by Wyndham, Margaritaville Vacation Club, and Accor Vacation Club.
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In April 2018, the company began rebranding most of its brands to include the Wyndham name, such as "Days Inn by Wyndham", "Ramada by Wyndham", and "Super 8 by Wyndham". [20] On May 30, 2018, Wyndham purchased the La Quinta hotel brand (franchised to 900 hotels with over 89,000 rooms) and its associated management business, for $1.95 billion in ...
The trademark rights and franchise system were acquired for $39 million by HFS Inc., owner of other hotel brands such as Days Inn and Ramada. [5] [6] HFS was later merged into Cendant Corporation, [7] and Cendant's hotel services, including Travelodge, were spun off as Wyndham Hotels and Resorts in 2006. [8]
[35] [36] It made moves towards building a major online travel portal by acquiring Galileo International for $2.9 billion, [37] [38] and Cheap Tickets for $425 million. [ 39 ] [ 40 ] It entered the timeshare sales and management business by buying Fairfield Communities for $690 million, [ 41 ] [ 42 ] and Trendwest Resorts for $980 million.
In the United States, an employee stock purchase plan (ESPP) is a means by which employees of a corporation can purchase the corporation's capital stock, or stock in the corporation's parent company, [1] often at a discount up to 15%. [2] Employees contribute to the plan through payroll deductions, which accumulate between the offering date and ...