
Skift
Choice Paid $24 Million to Walk Away From Buying Spain’s Sercotel
Choice earns a cut of its franchisees’ room sales. Buying Sercotel would have left it owing rent even when bookings slowed.
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Choice Paid $24 Million to Walk Away From Buying Spain’s Sercotel is one of our current travel picks. Choice earns a cut of its franchisees’ room sales. Buying Sercotel would have left it owing rent even when bookings slowed.