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The firm expresses its deepest gratitude to Chris Green for his unwavering dedication and significant contributions all through his tenure. His legacy of integrity, passion, and management will continue to encourage Remington’s journey in the course of excellence in the years to return, as the agency continues on its trajectory of industry-leading growth domestically and internationally. On October 17, 2023, the Company introduced that its Board of Directors unanimously rejected a highly conditional, unsolicited stock-and-cash proposal by Choice Hotels International, Inc. (“Choice”) to accumulate all excellent shares of Wyndham. The Company generated net income of $103 million, or $1.21 per diluted share, compared to $101 million, or $1.thirteen per diluted share, in third quarter 2022. The improve was reflective of upper adjusted EBITDA within the Company’s hotel franchising phase and a decrease efficient tax rate, partially offset by larger curiosity expense. Adjusted diluted EPS grew 8% reflecting larger internet revenue and a lower share depend because of share repurchase exercise.

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