Articles tagged “wyndham”

Marriott leads in the competition for the largest membership in a hotel loyalty program, with over 210 million members. But its rivals are hot on its heels.

Wyndham Hotels & Resorts achieved record growth in Asia Pacific in the first half of 2024, signing over 120 hotels and opening 74 new ones, with an 8% year-on-year net room growth.

Wyndham showed strong performance through expense containment and share repurchases, and Accor increased RevPAR, net unit growth, and EBITDA.

Wyndham said its RevPAR (that's hotel-speak for "how much money we make per room") might be flat this year, but its EBITDA (that's finance-speak for "profits, kinda") was still looking good. The hotel franchisor partly chalked that up to an improved tech game that has helped it boost margins.

Discount travel sites tend to do well during times when vacation rentals and hotels aren't selling well on more traditional travel sites. Expedia/Vrbo's deal with Whimstay may reflect those market dynamics.

ECHO Suites Extended Stay by Wyndham opened its first location in Spartanburg, South Carolina, marking a milestone for the brand with a development pipeline of nearly 270 hotels.

Hotel companies are betting big on the smaller towns in India. With spiritual tourism accounting for 60% of the domestic tourism, the segment is likely to drive the growth in the Indian hospitality industry for the next few years.

Today's podcast looks at Wyndham's global ambitions, Spirit Air's departing CFO, and Accor's expansion across India.

CEO Geoffrey Ballotti has Wyndham going places - 95 countries, to be exact. The hotel giant, known for its budget-friendly digs, is breaking out of its economy shell to make moves in the upscale market, such as with newest brand HQ.

Wyndham Hotels and Decameron have formed an alliance to expand all-inclusive offerings with nine new resorts in Mexico, Panama, and Jamaica, with some joining the Trademark Collection and others joining the Ramada brand.