Skift Take
This week Skift editors broke down online travel CEO pay, the likely end to the JetBlue/American Air alliance, and whispers of a Choice and Wyndham combination.
This week was dominated by speculation around Choice Hotel’s interest in acquiring its budget lodging competitor Wyndham. Experts weighed in on the will they or won’t they arguments and Wall Street had some ideas of its own as well. We covered that in depth. We also looked at CEO compensation at online travel companies while trying to make sense of why who was earning what in 2022. Read below for these and more headlines from this week.
The Week in Review
10 Highest-Paid Online Travel Execs in 2022
Sonder and Vacasa, both of which face potential delistings in 2023, gave their CEOs pay packages worth $21 million and $13 million, respectively, over the coming years. As these things go, that’s ample motivation to improve performance.
Choice Hotels Explores Buying Wyndham: Report
It’s unclear if talks between the two largest U.S. operators of non-luxury hotels are earnest. But even the idea that Choice Hotels is interested in a merger speaks volumes about how the sector is becoming a scale game.
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