Articles tagged “wyndham”

Last July, Wyndham Hotel & Resorts unveiled an effort to help Black dealmakers, franchisees, and developers join the club of hotel entrepreneurship. The U.S.-based hotel franchisor updated the media on Wednesday about…

Most of the major hotel chains have now reported their fourth-quarter results. Tourists are back in full force, traditional business travelers less so. But fortunately for them all those conferences and big events are keeping their properties filled.

Middle-income U.S. consumers have yet to let price hikes or declining savings get in the way of booking travel. Wyndham benefited in the fourth quarter. Yet the world's largest hotel franchisor expects rate gains to plateau in 2023.

Like the guests they serve, this extended stay expansion by multiple brands appears to have staying power.

Wyndham stands out for having a rapidly expanding pipeline for hotel development relative to most of its peers. That's important. As the world's largest franchisor, it boosts its overall earnings with every property it adds.

A mobile tipping solution is a trend we welcome. Who carries small amounts of cash anymore? Plus, news in hotel deals and development worldwide.

American tourists aren't the only ones taking advantage of the strong U.S. dollar with shopping trips to Europe. Wyndham has now done a tuck-in acquisition that deepens its franchise portfolio in Central Europe. Another overseas deal within the year is more likely than not.

Wyndham Hotels & Resorts has been teasing since March its plans to debut an economy extended-stay brand, apparently named Echo. On Wednesday, Sandpiper Hospitality filed plans to build what will likely…

Today’s edition of Skift’s daily podcast looks at what hotel brands are doing with record amounts of cash, the investors in Kenyan luxury rentals, and remote work management blues.

The big hotel groups sit on a $7 billion cash pile. How they use it, whether it's to acquire properties, improve their offerings, or buy back stocks, will shape their futures.