Months after Gwyneth Paltrow put her Montecito mansion’s guesthouse up on Airbnb, Martha Stewart is readying herself to get in on the action. The famed homemaker and entrepreneur has long kept a large piece of property along Pea Pond Road in Westchester County, New York; driving past it, as I often did going between my parents’ house in Connecticut and my Poughkeepsie college, you can catch a few glimpses of classic farmhouses and vast greenhouses hidden behind the stone wall. Now, ahead of Thanksgiving, a gaggle of lucky guests can get a closer look during a one-night-only stay.
Choice's Hostile Takeover Bid for Wyndham
18.10.2023 - 10:23 / skift.com / United / Dennis Schaal / Dawit Habtemariam / Sean Oneil
Good morning from Skift. It’s Wednesday, October 18. Here’s what you need to know about the business of travel today.
Apple Podcasts | Spotify | Overcast | Google Podcasts | Amazon Podcasts
Choice Hotels has made a public bid to acquire Wyndham Hotels in what would be a hostile takeover. Valued at nearly $8 billion, the deal would combine the companies to create the largest franchisor of budget hotels in North America, writes Senior Hospitality Editor Sean O’Neil.
Wyndham’s board of directors, however, publicly rejected the deal, citing regulatory and execution risks and they said the deal was not fair to its shareholders. Choice made its offer public after its talks with Wyndham broke down in September. The two had been in private negotiations over the past six months.
Next, Expedia recently laid off around 100 employees in its recent round of job cuts. This is the online travel tech giant’s second round of layoffs in recent months, reports Online Travel Editor Dennis Schaal. Expedia’s recent layoffs follow Google, Hopper, Vacasa, Sonder and other tech companies cutting their workforces.
One of the employees Expedia laid off was a director of program management for AI, machine learning and data.
Finally, United reported strong in domestic demand in the third quarter. Analysts had been worried that the U.S. market would soften but United – and other airlines – aren’t seeing it yet. Profits in the Atlantic and Pacific regions reached “record highs.”
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Autors
Popular Topics
travelandleisure.com
06.11.2023 / 16:01
You Can Stay at Martha Stewart's Idyllic Countryside Home for Less Than $12 — Here's How
Thanksgiving is less than three weeks away, and who better to get inspiration from than the queen of entertaining, Martha Stewart?
insider.com
05.11.2023 / 21:51
3 reasons why my dad has enjoyed living in Florida for 36 years after being born and raised in Ohio — take a look
My father had a straightforward answer for why he moved 1,000 miles south to Florida from his hometown of Dayton, Ohio.
thepointsguy.com
05.11.2023 / 16:27
Is demand for premium and international travel here to stay? It depends on which airline you ask
After a summer of sky-high demand for international travel and premium cabins, the "Big Three" U.S. airlines — American Airlines, Delta Air Lines and United Airlines — all reported record profits.
skift.com
03.11.2023 / 22:31
Gother Raises $25 Million for Asian Online Travel Agency
Five travel tech startups have announced fundraises this week totaling more than $144 million.
insider.com
01.11.2023 / 00:21
Here are the best travel TikTokers you must follow for cost-saving tips and inspiring adventures
While Instagram has long been the hotspot for influencers posting their luxurious travels to faraway destinations, TikTok is slowly dominating this space. The hashtag for "travel" videos has amassed over 220 billion views.
forbes.com
01.11.2023 / 00:01
Colleges And Universities Cited For Improving Campus Bikeability
A new group of institutions of higher education across the country has been recognized for demonstrating commitment and work to build stronger communities, safer streets, and better bicycling for everyone – on and off campus.
travelandleisure.com
30.10.2023 / 19:19
Southwest's Latest Sale Has Flights Across the U.S. and Mexico for As Low As $39 — When to Book
Southwest Airlines is getting into the Halloween spirit with a spooktacular sale that has one-way flights as low as $39.
insider.com
29.10.2023 / 15:59
I spent $299 to fly as much as I wanted. I love the idea of traveling on a whim, but the spontaneity isn't for everyone.
Frontier Airlines' all-you-can-fly pass is an interesting concept that comes with a major catch.
forbes.com
26.10.2023 / 16:23
Why Wyndham Rejected Choice Hotels’ ‘Desperate’ $7.8 Billion Takeover Bid
On a third-quarter earnings call Thursday morning, Wyndham Hotels & Resorts outlined for investors its rationale for rejecting a $7.8 hostile takeover bid from budget-hospitality rival Choice Hotels. Including assumed debt, the deal value would climb to around $9.8 billion.
forbes.com
23.10.2023 / 11:10
The Future Of Palm Springs: Hot Hotels, Spas And Dining For 2024
Surrounded by four mountain ranges, Palm Springs is one of Southern California's most popular weekend destinations and the ultimate desert resort oasis. The area comprises nine cities — Palm Springs, Desert Hot Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta, Indio, and Coachella — each with its unique style and attraction for legions of followers.
lonelyplanet.com
20.10.2023 / 18:53
Spain with kids: the best beaches, attractions and cities for families
Of all the places to travel with children, Spain is up there with the best of them.