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ramada
[ ruh-mah-duh ]
noun
- an open shelter, often having a dome-shaped thatched roof, and installed especially on beaches and picnic grounds.
Word History and Origins
Origin of ramada1
Example Sentences
Its exchange offer to shareholders of Wyndham, which runs Days Inn, La Quinta, Ramada and a host of other brands, was the same as its last bid to company management, which was $49.50 in cash and 0.324 shares of Choice common stock per Wyndham share.
At the time, Wyndham, which runs Days Inn, La Quinta, Ramada and a host of other brands, called the proposal “opportunistic” and said that it undervalued the company’s growth potential.
Choice Hotels said Tuesday that its exchange offer to shareholders of Wyndham, which runs Days Inn, La Quinta, Ramada and a host of other brands, is the same as its last bid to company management, which was $49.50 in cash and 0.324 shares of Choice common stock per Wyndham share.
Parsippany, New Jersey-based Wyndham, which operates brands such as Ramada, Super 8 and Microtel, argued last week that Choice's latest revised bid continues to undervalue its business.
It’s seeking to absorb a much larger chain in Wyndham, which operates nearly 9,300 hotels under a host of brands including Days Inn, Howard Johnson, La Quinta, Ramada, Super 8 and Travelodge.
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