When was Wyndham Hotels & Resorts founded and what brands did it acquire by 1995?
Wyndham Hotels & Resorts traces its founding to the year 1990 when Hospitality Franchise Systems acquired hotel franchises. By 1995, this entity secured ownership of four major brands including Days Inn, Howard Johnson, Ramada, and Super 8.
How did the Wyndham brand originate and who named it after Rose Post?
The Wyndham brand originated in Dallas, Texas during 1981 under Trammell Crow. Business journalist Rose Post reported that Crow named the chain after her following a profile written for Fortune magazine in the early 1970s.
What legal precedent did Wyndham set regarding cybersecurity failures in June 2012?
Wyndham faced a Federal Trade Commission suit in June 2012 following a security breach that led to the theft of payment card data for hundreds of thousands of customers. United States District Court Judge Esther Salas denied Wyndham's motion to dismiss the case in April 2014 establishing corporate liability for cybersecurity failures within the hospitality industry.
When did Wyndham Hotels & Resorts officially separate from Wyndham Worldwide and what acquisition followed?
The official separation occurred on the 31st of May 2018 creating Wyndham Hotels & Resorts from Wyndham Worldwide. On the 30th of May 2018 the company purchased La Quinta for $1.95 billion in cash which was franchised to 900 hotels with over 89,000 rooms.
How many hotels does Wyndham operate globally as of June 2024 and where is its headquarters located?
As of June 2024 the chain operates more than 9,200 hotels across over 95 countries. The company maintains a headquarters in Parsippany New Jersey United States and describes itself as the largest hotel franchisor in the world based on location count.