PARSIPPANY, N.J. — Wyndham Hotels & Resorts has completed its previously announced acquisition of La Quinta Holdings’ hotel franchising and hotel management business.
The addition of La Quinta’s more than 900 franchised hotels builds Wyndham Hotels & Resorts’ midscale presence and expands its reach further into the upper-midscale segment.
Wyndham Hotels & Resorts is the world’s largest hotel franchising company based on number of properties and became an independent public company when it is spun-off from Wyndham Worldwide after market close on May 31. The company now operates a portfolio of 20 lodging brands with approximately 9,000 franchised hotels across more than 80 countries and six continents.
La Quinta’s loyalty program, La Quinta Returns — which boasts approximately 15-million enrolled members — will be combined with the Wyndham Rewards program in the coming months.
