With the election over, the dynamics are different, the deadline is December 20th, and there’s no deal in place although lawmakers say they expect one.
With 2,855 total guestrooms, the 22-hotel portfolio is spread across 14 states in established and high-growth markets such as Texas, Florida, New Mexico and South Carolina.
The Federal Trade Commission had previously argued that the deal would raise prices by eliminating head-to-head competition, and also weaken union bargaining power.