Wyndham Worldwide Corporation and La Quinta Holdings Inc. have entered into a definitive agreement under which Wyndham Worldwide will acquire La Quinta's hotel franchise and hotel management businesses for $1.95 billion in cash.
The Hotel at Avalon and Alpharetta Conference Center opened on Jan. 16 within the Avalon mixed-use community in Alpharetta, Ga., completing the final phase of the mixed-use community’s development.