News for the Hospitality Executive |
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PARSIPPANY,
N.J. (March 31,
2011) – Launching a major development effort for one of its
newest brand
offerings, Wyndham Hotel Group, part of the Wyndham
Worldwide family of companies (NYSE: WYN) and the
world’s largest hotel company as measured by approximately 7,210
hotels, today
announced plans to manage three new-construction Planet Hollywood
hotels in
Central America, the Middle East and Asia.
The proposed hotels will be located in Doha, Qatar; Panama City, Panama; and Boao, China. Each property will be managed by Wyndham Hotel Management, Inc. or one of its sister companies. The announcement marks the inaugural expansion of Planet Hollywood Hotels following the signing of a license agreement in September 2010 granting Wyndham Hotel Group exclusive rights to franchise Planet Hollywood branded hotels and provide management services globally. “When we entered into the agreement to franchise and manage the Planet Hollywood Hotels brand just a few short months ago, we pledged to bring this dynamic, entertainment-based offering to key business and leisure destinations around the world,” said Eric Danziger, Wyndham Hotel Group president and chief executive officer. “To have three properties in the development pipeline so quickly is an incredible testament to the power of the Planet Hollywood brand as well as Wyndham Hotel Group’s ability to develop hotels and grow brands globally.” The Planet Hollywood brand was founded in 1989 by Robert Earl, chairman of Planet Hollywood International, Inc., Planet Hollywood Resorts International, LLC, and the Planet Hollywood Resort & Casino in Las Vegas. Planet Hollywood capitalizes on the global appeal of movies, sports, celebrity and entertainment-based themes. “We elected to work with Wyndham Hotel Group because of the company’s formidable scale and expertise as a global brand-builder, in an effort to further solidify the future of the Planet Hollywood Hotels brand," Earl said. “I am delighted to see our strategy bearing fruit in such a short period of time and look forward to additional expansion opportunities in key markets.” Located near Entertainment City, Qatar’s widely known theme park, the Planet Hollywood Hotel Entertainment City will feature approximately 300 guest rooms, restaurant, café, lounge, meeting facilities, fitness center, spa and pool. Owner Regency Group Holdings expects the hotel to open in 2014. The new hotel will expand Wyndham’s presence in Qatar’s capital city, joining the soon-to-open Wyndham Grand Regency Doha and the Ramada Encore Doha, both also owned by Regency Group Holdings, as well as the Ramada Plaza Doha. A planned Planet Hollywood Hotel in Panama City, located in the city's Financial District, will feature a modern lobby, pictured above, and 309 deluxe guest rooms and ocean front suites. The proposed 350-room Planet Hollywood Hotel in Boao will become part of an upscale resort complex currently under development in China’s Hainan Island province that will feature multiple hotel, retail and entertainment venues. Facilities will include three restaurants, bar, indoor swimming pool, fitness center, spa and more than 3,600 square meters – or nearly 39,000 square feet – of meeting and event space. The Planet Hollywood hotel will join the 1,000-room Ramada Hotel & Suites Boao as well as the 300-room Wyndham Grand Boao Resort and Spa and the 106-room Wyndham Boao Resort, both currently under development and owned by Hainan Baolian City (Boao) Company Limited. The proposed 350-room Planet Hollywood Hotel in Boao will include on-site restaurants and ample meeting and event space. Wyndham Hotel Group, part of the Wyndham Worldwide (NYSE:WYN) family of companies, is the world’s largest hotel company with approximately 7,210 hotels and 612,700 rooms in 65 countries under the hotel brands: Wyndham Hotels and Resorts®, Ramada®, Days Inn®, Super 8®, Wingate by Wyndham®, Baymont Inn & Suites®, Microtel Inns & Suites®, Hawthorn Suites® by Wyndham, TRYP by Wyndham®, Howard Johnson®, Travelodge® and Knights Inn®. In addition, the company has a license agreement to franchise the Planet Hollywood Hotels, Dream® and Night® brands and provide management services globally. All hotels are independently owned and operated excluding certain Wyndham and international Ramada hotels which are managed by Wyndham Hotel Management, Inc., one of its affiliates or through a joint-venture partner. Wyndham Hotel Group is based in Parsippany, N.J. Additional information is available at www.wyndhamworldwide.com. |
Contact: Evy Apostolatos Director, Public Relations Wyndham Hotel Group 22 Sylvan Way Parsippany, NJ 07054 +1 (973) 753-6590 [email protected] Amy Sadowsky Vice President, Public Relations Planet Hollywood International, Inc. +1 (702) 785-9155 [email protected] |