Wyndham hits growth spurt in APAC

Wyndham's APAC expansion is resulting in a net growth of over 18,000 rooms. Pictured: Wyndham Grand Shanxi Xiaohe Xincheng
Wyndham’s APAC expansion is resulting in a net growth of over 18,000 rooms. Pictured: Wyndham Grand Shanxi Xiaohe Xincheng Photo Credit: Wyndham Hotels & Resorts

Wyndham Hotels & Resorts has added six new brands, 169 signed hotels, and 132 new hotel openings in Asia Pacific, expanding its portfolio by more than 18,000 rooms by the end of 2022.

The growth has resulted in a 5% net room growth across Southeast Asia and 10% net room growth in direct franchise and managed properties in Greater China.

The company has introduced six of its brands into new countries, including Ramada Encore by Wyndham in Vietnam, Microtel by Wyndham in New Zealand, and LaQuinta by Wyndham in China. It has also opened its first hotels in new markets, such as Xiong’an in China, Sapporo in Japan, and Ho Chi Minh City in Vietnam. These recent openings bring Wyndham’s Asia Pacific brand portfolio to 14 brands.

In December 2022, Wyndham opened a cluster of three new hotels – Wyndham Grand Shanxi Xiaohe Xincheng, Wyndham Shanxi Xiaohe Xincheng, and La Quinta by Wyndham Shanxi Xiaohe Xincheng – offering more than 1,000 rooms.

More recently, the company also opened TRYP by Wyndham Tory Street Wellington in February and TRYP by Wyndham Pulteney Street Adelaide in March, adding to its portfolio of directly franchised and managed hotels.

Joon Aun Ooi, president, Asia Pacific, Wyndham Hotels and Resorts, stated that approximately 30% of all new signings for the year came from existing owners, indicating the confidence that partners have in Wyndham and its world-class brands.

 

 

Source: https://www.travelweekly-asia.com/Travel-News/Hotel-News/Wyndham-hits-growth-spurt-in-APAC?