Wyndham Worldwide

Landal Hoek van Holland, South Holland, Netherlands

Wyndham Closes $1.3B Sale of European Vacation Business

Private equity firm Platinum Equity acquired the concern, which is the largest manager of holiday rentals in the region. The deal comprises more than 110,000 units in 25 countries.

La Quinta Inn & Suites Dallas, Richardson, Texas

Wyndham to Buy La Quinta for $2B

The transaction will expand Wyndham’s hotel portfolio to 21 brands and more than 9,000 properties, and result in the spinoff of La Quinta’s owned real estate assets into the newly formed CorePoint Lodging Inc., which will hold the distinction of being the only pure-play, publicly traded REIT focused exclusively on midscale and upper-midscale lodging.