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U.S. hotels eye new brands as supply growth slows

02/12/2010| 11:20:55 AM| 中文

Top U.S. hotel companies are scouting out new brands to expand their reach abroad and keep their best customers from defecting to rivals as new rooms growth slow down.

NEW YORK (Reuters) - Top U.S. hotel companies are scouting out new brands to expand their reach abroad and keep their best customers from defecting to rivals as new rooms growth slow down.

In recent months, Choice Hotels International Inc (CHH.N), Hyatt Hotels Corp (H.N) and Wyndham Worldwide Corp (WYN.N) have all expressed interest in acquiring a brand.

Buying a brand allows a company to offer more hotels at different prices and give frequent guests more options, keeping them away from competitors.

Read the full story at: http://www.reuters.com/article/idUSTRE61356C20100204

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