Wyndham marks Indian expansion
With the announcement of new deals across its hotel and timeshare exchange portfolios, Wyndham Worldwide continues expanding its presence throughout the Indian subcontinent.
With 10 new hotel properties joining Wyndham Hotel Group and three new vacation ownership resorts joining the RCI vacation exchange network, Global Hospitality Company marks 13 new deals across India.
“With a renewed focus on travel and a growing middle class, India is becoming one of the fastest growing travel markets in the world,” said Stephen P. Holmes, Chairman and Chief Executive Officer, Wyndham Worldwide. “Our global portfolio encompasses virtually every type of travel accommodation – from hotels to timeshare to vacation rentals and more – making Wyndham Worldwide uniquely positioned to deliver great results for our hospitality partners and great travel experiences for guests.”
Wyndham Hotel Group currently operates 25 hotels in the region with another 28 in the pipeline, representing more than 3,300 rooms. Wyndham Hotel Group is the fastest growing hotel franchisor in India, and the company has experienced nearly 200% growth in India over the past five years.
The announcement of 10 new deal signings includes two conversions under the company’s iconic Howard Johnson and Ramada Plaza brands with the Unique Mercantile Group and also signifies expansion for the first time beyond India under the Ramada and Days Inn brands with Intraco Limited based out of Bangladesh.
Wyndham has also announced that it is the first global hospitality company to reach 1,000 hotels in Greater China.
A key region of focus for more than a decade, this landmark achievement comes after years of accelerated growth and the strategic roll-out of six of the company’s 15 brands throughout more than 260 cities and 30 provinces.
Complementing years of strong, steadfast interest in its economy and midscale brands, Wyndham Hotel Group is now seeing increasing demand for the upper end of its portfolio. This week alone, the company announced the opening of two new hotels under its Wyndham Hotels and Resorts® brand flag. They include the 227-room Wyndham Urumqi North, which is situated along China’s strategic Belt and Road initiative and the first internationally branded hotel in Wajaiqu City; as well as the 389-room Wyndham Qingdao, which is located in Qingdao’s Chengyang economic zone and is the second Wyndham hotel to open in the city.
Later this year, the company expects to introduce its TRYP by Wyndham, Wyndham Garden and Microtel Inn & Suites by Wyndham brands to the region.
“As the largest hotel company in the world and the leading international player in Greater China, today serves as an incredible testament to the strength of the Wyndham Hotel Group portfolio and highlights the increasing significance that China continues to play, not just for our organisation but the industry as a whole,” said Geoff Ballotti, Wyndham Hotel Group president and CEO. “China continues to be on the rise and with a booming middle class that is traveling more and more, we believe there’s no better company as uniquely positioned as we are today to meet their evolving needs.”
