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Wyndham spins-off hotel unit, seeks deals for European brands

Wyndham is following a path taken by other large hotel operators such as Hilton and Marriott.


WYNDHAM Worldwide Corp, owner of the Ramada and Days Inn brands, said it will spin-off its hotel unit into a new publicly traded company and consolidate its timeshare business while exploring strategic alternatives for its European rental brands.

The company will split into...

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