Articles tagged “wyndham”

Wyndham reported a slight beat, and while the debate is whether this was just because expectations were lowered, investors bid the stock up despite all the worries, so that is always a good vote of confidence.

Looking ahead, Wyndham executives said they weren't concerned about competition from Marriott, Hilton, and Hyatt in the extended-stay segment because they believe their model is aimed at delivering a more affordable product with lower costs for developers.

Wyndham Hotels & Resorts announced 60 new hotels for its rapidly expanding Echo Suites Extended Stay by Wyndham brand, including what will be the brand’s first hotels in Canada.

Wyndham Hotels & Resorts said on Tuesday it had signed 60 more hotels for its Echo Suites Extended Stay by Wyndham brand in the U.S. and Canada.

Baird gave a 2Q earnings preview, maintaining their Outperform ratings on Choice Hotels and Wyndham despite saying RevPAR growth in the lower-end chain scales has slowed more than expected. 

The initiative aims to establish Phuket and Thailand as a foremost medical wellness hub in the ASEAN, solidifying its position as a high-end health resort destination.

Choice Hotels issued a positive business update in a seemingly random way. That fueled speculation it plans to do something newsy. Plus, other worldwide headlines in hotel deals and development.

With new greenfield airports coming into existence and airlines’ induction of a large number of jets, the sector calls for an urgent requirement of more personnel to meet its burgeoning demands.

Radisson Hotel Group plans to open more premium and luxury hotels in Thailand over the next five years, Wyndham aims to open 5,000 additional rooms in to catch up with the country’s tourism industry recovery, and IHG continues to expand its Hotel Indigo brand in the country.

With its sights set on transforming the tourism sector into an economic powerhouse, Oman is placing a strategic focus on Chinese tourists.