Categories: Travel

Wyndham Hotels reports record growth in EMEA with 83 contracts and 51 new hotels, ET TravelWorld



Wyndham Hotels & Resorts, the world’s largest hotel franchising company, reported impressive growth across Europe, the Middle East, Eurasia, and Africa (EMEA) in 2024. With 51 new hotels opened and 83 contracts signed, Wyndham added over 6,400 rooms to its portfolio, further strengthening its presence in the region. This expansion included notable developments in France, India, Spain, Turkey, and Portugal, underscoring Wyndham’s commitment to enhancing its footprint in high-demand travel markets.

The company’s growth in EMEA is a key part of its global strategy, contributing to a 5% year-over-year increase in its global development pipeline, now at a record 252,000 rooms. Additionally, the region saw a 10% increase in revenue per available room (RevPAR), further solidifying Wyndham’s leadership in hospitality. As part of its Owner First™ approach, the company continues to ensure long-term success for its franchisees, a crucial factor in its ongoing expansion.

Dimitris Manikis, President of EMEA at Wyndham Hotels & Resorts, commented, “Our strong momentum in 2024 reflects both the strength of our brand portfolio and the growing regional demand. We continue to expand into high-growth segments such as extended stays and branded residences while reinforcing our presence in midscale and upscale markets.”

Wyndham’s focus on market diversification is particularly evident in Turkey, where it remains the largest international hotel company, with around 120 properties. Key openings include Days Inn by Wyndham Alanya and Wyndham Garden Cambasi in Ordu. In India, Wyndham’s growth continued with several Ramada and Ramada Encore openings, including new hotels in Ahmedabad, Srinagar, and Bhiwadi.

The company’s expanding branded residences portfolio is also noteworthy, with new developments planned in Spain and Greece, highlighting its long-term growth strategy. Wyndham’s commitment to providing value to its owners through innovative technology and a global network of loyal customers further solidifies its leadership in the industry.

  • Published On Mar 11, 2025 at 02:40 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETTravelWorld App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App




Source link

24timenews.com

Recent Posts

Anthony Joshua next fight: Former champ to face Kristian Prenga with Tyson Fury bout signed

Anthony Joshua is set to return to the ring on July 25. Joshua, the two-time…

7 minutes ago

Corvette ZR1X Shatters More Lap Records

The Corvette ZR1X has set two new lap records.   It has set record laps…

12 minutes ago

Scientists finally solve mystery of strange “golden orb” found 2 miles deep

A strange object known as the "golden orb" puzzled scientists and captured public attention after…

18 minutes ago

Lamborghini Miura SV: Perfectly Restored

This year marks the 60th anniversary of the legendary Lamborghini Miura SV. This 1972 Miura…

10 hours ago

Mezcal worm in a bottle DNA test reveals a surprise

At the bottom of some mezcal bottles sits one of the most recognizable curiosities in…

10 hours ago

Lynk & Co Supercar: 0-62 In 2.0 Seconds

It celebrates the brand’s 10th anniversary and showcases a new direction in design and engineering.…

20 hours ago