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Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH Hospitality, Inc., a real estate investment trust and the owner of the hotels. As of 2022, there are 650+ Extended Stay America branded hotels.
The hospitality industry in New Zealand is a major industry operating around the country. [1] It is one of the largest employment sectors in the country, contributing about 1.7% of GDP, equivalent to NZ$5 billion annually.
A cover of the 1909 Santa Fe Railway pamphlet describing Fred Harvey hotels, dining rooms and sample menus. The Fred Harvey Company was the owner of the Harvey House chain of restaurants, hotels and other hospitality industry businesses alongside railroads in the Western United States.
Originally known as Hospitality Valuation Services, the company was founded by Steve Rushmore in 1980 in a one-room office in Garden City, New York.Rushmore, a graduate of the Cornell University School of Hotel Administration, [2] drew upon his experience as head of the hospitality consulting division of Helmsley-Spear, a position he took on in 1971.
The spin-off of Wyndham's hotel business occurred on May 31, 2018, creating Wyndham Hotels & Resorts. In June 2024, the hotel chain has more than 9,200 hotels in over 95 countries, represented by 24 brands. [22] In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham for $90 per share. [23]
The first hotel was established in 1962 by Benjamin J. Denihan. Currently the hotel chain is operated by DHG (Denihan Hospitality Group), a privately owned company. The company is a member of an alliance of hotels including Joie De Vivre (California), Thistle Hotels (United Kingdom), Rotana Hotels (Middle East) and First Hotels (Scandinavia).
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