There’s nothing fairly as thrilling within the company world than an unwelcome takeover provide. On this episode of the Skift Journey Podcasts, Skift’s resort specialists cope with the drama.
This week Alternative Motels publicly supplied to amass Wyndham Motels & Resorts following months of personal discussions between the 2 firms. This was fairly thrilling in itself, with the final main M&A deal within the resort business being the Starwood-Marriott merger in 2015. Nevertheless, just a few days later, extra information broke that Wyndham rejected Alternative’s provide and noticed its inventory being halted on the NYSE.
All of this drama had Skift’s workforce asking: Are we masking Twitter right here or the comparatively steady resort business?
On this episode Pranavi Agarwal, senior analyst at Skift Analysis, Skift senior hospitality editor, Sean O’Neill, and Alan Woinski, editor of the Day by day Lodging Report, discuss us via the main points of the deal, what is likely to be motivating all sides’s actions, and what the story tells us in regards to the present state of the hospitality panorama.
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