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Cendant buys Wyndham franchising rights.

Publication: Business Travel News
Publication Date: 19-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Cendant Hotel Group--franchisor of midprice, economy and budget hotel brands--last week entered the upscale lodging market by purchasing the franchising rights to and management contracts of the Wyndham hotel brand from The Blackstone Group. The deal comes on the on heels of Blackstone's $3.24 billion acquisition of Wyndham International,...

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