Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels

Choice CEO Pat Pacious sought to restart negotiations in Nov. 14 letter

Updated Nov. 21, 2023 5:16 pm ET

Wyndham shares closed Monday at $77.95, giving the company a market capitalization of $6.5 billion. Photo: Bridget Bennett/Bloomberg News

Another bid by Choice Hotels to strike a deal with Wyndham Hotels & Resorts has fallen flat. 

After months of on-and-off talks for a deal that would unite two of the biggest budget hotel owners in the country, Wyndham’s board received a letter from Pat Pacious on Nov. 14, in which the Choice chief executive sought to restart negotiations and strike a deal with Wyndham before the end of the year, executives said Tuesday. 

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