Major Markets, Including New York
PARSIPPANY, N.J. (Sept. 14, 2006) – Wyndham Hotel Group today announced agreements to franchise or manage 15 Wyndham® upscale hotels totaling 2,886 guest rooms in key markets including Atlanta, Dallas, Chicago and – in a first for the brand – New York City, a move that would expand the chain to 102 hotels and 26,765 rooms.
Wyndham properties also will be developed in the Seattle area; Austin,
Texas; Jacksonville and Orlando, Fla.; Springfield, Mass.; Gettysburg,
Pa.; Chantilly, Va.; Winchester, Va.; and Norwich, Conn. The deals
all were signed in the 11-month period since the company purchased the
brand in October 2005.
In addition, 11 Corinthia hotels in major European cities including Budapest, St. Petersburg, Prague and Lisbon will join the Wyndham system under a previously announced agreement with the Corinthia Group of Companies of Malta to jointly manage hotels in Europe, the Middle East and Africa.
“These agreements and our expanding development pipeline demonstrate the Wyndham brand’s appeal to owners and investors who seek a high-quality, upscale brand for competitive markets,” said Steven A. Rudnitsky, Wyndham Hotel Group president and chief executive officer.
“By clarifying the Wyndham brand’s position in the upscale segment and committing the necessary operational, marketing and distribution resources to nurture and grow the system, we have established a compelling value proposition for developers in key primary and secondary markets,” he said.
Wyndham Hotels and Resorts has teamed up with iconic architect Michael Graves to create a unique, integrated interior and exterior look for Wyndham hotels including new prototypes and signature in-room products. Signature items include Michael Graves-designed furniture and fixtures including the new Wyndham Smart Chair; it's essentially a lounge chair equipped with power and Internet outlets, swivel side tables and specially engineered fabric that resists stains and bacteria. It provides guests with a functional place to use their laptop, charge their PDA and connect to the Internet.
The hotel prototype itself includes multiuse areas such a communal lounge featuring seating spaces where guests can convene, work, and eat; a 24-hour food mart; front porch area complete with rocking chairs; and regional art along the hallways. Also, in place of a front desk, guests at Wyndham hotels of the future will find a pod system that helps ensure a friendlier guest experience.
Rudnitsky said the company’s ongoing global development efforts have resulted in a total pipeline of about 790 properties representing 85,000 rooms for its Wyndham, Ramada®, Super 8®, Days Inn®, Wingate Inn®, Baymont®, Howard Johnson®, Travelodge®, AmeriHost Inn® and Knights Inn® brands as of June 30.
Wyndham Hotel Group, one of three principal components of Wyndham Worldwide (NYSE:WYN), encompasses more than 6,400 franchised and managed hotels and 533,000 hotel rooms worldwide. Through Wyndham Hotel Group, RCI Global Vacation Network and Wyndham Vacation Ownership, Wyndham Worldwide offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. RCI Global Vacation Network offers its more than 3 million members access to approximately 55,000 vacation properties located in more than 100 countries. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its network of more than 140 vacation ownership resorts serving more than 750,000 owners throughout North America, the Caribbean and the South Pacific. Wyndham Worldwide, headquartered in Parsippany, N.J., employs approximately 28,800 employees globally.
|Also See:||American Architect Michael Graves Tasked with Designing new Prototypes and Conversion Plans for the Wyndham® Brand / March 2006|
|Wyndham Debuts Three New Hotel Prototypes including Guest rooms, Lobbies, Smart Chair / July 2006|