Browse the latest corporate news from Ramada Worldwide.
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PARSIPPANY, NJ--(Marketwire - May 9, 2012) - Wyndham Hotel Group, the world's largest hotel company with over 7,150 hotels today announced an agreement with Hoteles Costa del Sol to franchise three new Ramada Hotels in Peru, thereby expanding the brand's presence in the South American country to four locations.
The three hotels, scheduled to fly the Ramada brand flag this week, add to the nearly 90 properties and over 9,000 rooms that are already part of Wyndham Hotel Group's portfolio of hotels in Latin America.
"We are very excited to announce the expansion of our alliance with the Costa del Sol hotel group," said Daniel del Olmo, Wyndham Hotel Group's SVP and managing director of Latin America. "It serves as a prime example of how we intend to significantly grow our presence across Latin America by affiliating existing portfolios and national hotel chains in Argentina, Brazil, Colombia, Peru and Mexico, which are our key growth markets...
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June 14, 2011 // Franchising.com // HONG KONG — Wyndham Hotel Group, part of the Wyndham Worldwide (NYSE: WYN) family of companies, today announced the signing of the new Ramada® Phuket South Sea, strengthening the company's growing presence in Thailand.
The new hotel, owned by Phuket development company South Sea Resort Co., Ltd., will add to the five Ramada hotels currently open in Thailand and is the second agreement to be signed between South Sea Resort and Wyndham Hotel Group. In March, the two companies announced the development of the Wyndham Khao Lak, which is expected to open later this year.
"Thailand is an important growth market in the Asia Pacific region so this is an exciting opportunity for us," said Ken Greene, president and managing director of Wyndham Hotel Group in Asia Pacific...
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June 08, 2011 // Franchising.com // HONG KONG — Wyndham Hotel Group, part of the Wyndham Worldwide (NYSE: WYN) family of companies, today announced the signing of three new Ramada® properties, one of which will be the company's first managed Ramada hotel in China.
The new managed property, the Ramada Plaza Sanya, will be owned by Hainan Mingboda Real Estate Development Co., Ltd, which also signed a management agreement with Wyndham Hotel Group in December last year to open the Wyndham Hotel Sanya.
The Hotel Group also signed two franchise agreements in China. One agreement was with Shaoguan Fengdu Real Estate Co., Ltd for the Ramada Plaza Shaoguan City Center and the other with Suzhou Dingfeng Real Estate Development Co...
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February 26, 2010 // Franchising.com // PARSIPPANY, N.J. — Following an announcement last September about its first management agreements in Thailand, Wyndham Hotel Group, the world's largest hotel company with more than 7,100 hotels under 11 brands, today announced the signing of the company's fourth management agreement in Bangkok.
The Ramada® Plaza Sukhumvit, currently being developed by Kijsompong Co. Ltd., will be located on Soi 15 Sukhumvit Road. The 300-room hotel will feature one restaurant, a lobby lounge, rooftop bar, meeting facilities, a swimming pool and fitness facilities. The hotel is expected to open in late 2013.
"Bangkok is an important business and leisure destination in the Asia Pacific region and we are excited to be extending our management platform there," said Tom Monahan, Wyndham Hotel Group executive vice president of international development...
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February 18, 2010 // Franchising.com // PARSIPPANY, N.J. — Wyndham Hotel Group, the world's largest hotel company with more than 7,100 hotels under 11 brands, today announced the signing of four franchise agreements in India, bringing the total number of hotels that the company has open or under development in the country to 14.
The properties currently being built and scheduled to open later this year, include the 140-room Ramada Amritsar hotel, owned by Starex Developers Pvt. Ltd.; the 130-room Ramada Gurgaon Expressway New Delhi hotel, owned by Sartaj Hotels Pvt. Ltd.; the 392-room Ramada Plaza Dwarka New Delhi hotel, owned by Tirupati Buildings & Offices Pvt. Ltd.; and the 100-room Ramada Gurgaon Central hotel, owned by Greenland Hospitality Private Ltd...
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February 11, 2010 // Franchising.com // PARSIPPANY, N.J. — Wyndham Hotel Group, the largest US-based hotel company in China and the world's largest hotel company with more than 7,100 hotels under 11 brands, today announced that it has signed agreements for an additional four hotels in China.
Currently under development, the properties include the Ramada® Sanya hotel owned by Hainan Mingboda Real Estate Co. Ltd.; Ramada Plaza Wenzhou hotel owned by Wenzhou Tianrun Real Estate Development Co. Ltd.; Ramada Longyan hotel owned by Fujian LongYan Yifeng Hotel Co. Ltd.; and the Ramada Xi'an Bell Tower hotel owned by Xi'an Xi Hua Investment Co. Ltd.
"We are thrilled to be adding these four fine hotels to the brand's 35 already in operation in China and the other Ramada properties in our expanding pipeline," said Tom Monahan, Wyndham Hotel Group executive vice president of international development...
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February 01, 2010 // Franchising.com // PARSIPPANY, N.J. — Ramada Worldwide today announced its return to Hawaii with the opening of the 198-room Ramada® Plaza Waikiki in Honolulu.
Owned and operated by California-based Cal-Dynasty International, Inc. a wholly owned subsidiary of China Airlines Ltd., the hotel is the second Wyndham Hotel Group property to open in Hawaii in the past six months and gives the Ramada brand a presence in 48 states.
"The Ramada brand continues to be a global leader in its segment with a portfolio of nearly 900 hotels in more than 45 countries around the world," said Mark Young, Ramada brand senior vice president. "With the addition of the Ramada Plaza Waikiki to our portfolio, we're able to further strengthen our position in the North American market while providing Honolulu's more than four million annual visitors the opportunity to experience the modern comfort and value of the Ramada brand...
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September 09, 2009 // Franchising.com // HONG KONG — Wyndham Hotel Group, the world's largest hotel company with approximately 7,000 hotels and 11 brands, today announced the signing of the company's first management agreements in Bangkok, Thailand.
Currently under development, the properties include the 188-room Ramada Encore Soi 10 – Bangkok, owned by Nai Chan Estate Co. Ltd., the 98-room Ramada Hotel & Suites Soi 12 – Bangkok, owned by Sookjai Condominium Co. Ltd. and the 150-room Ramada Bangkok Sukhumvit, owned by Asset Lifestyle Co. Ltd.
"Bangkok is the center of economic development and the most prosperous part of Thailand, making it an ideal destination for the growth of the global Ramada brand," said Tom Monahan, Wyndham Hotel Group executive vice president of development...
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September 03, 2009 // Franchising.com // PARSIPPANY, N.J. — Ramada Worldwide, one of the world's leading international hotel chain's with nearly 900 locations around the globe, today announced that the 140-room Ramada Chisinau City Center property in the Republic of Moldova will be the country's first internationally branded hotel.
Formerly the Hotel Codru, the seven-story, four-star hotel is owned by US-based Investment Development Group, a privately held investment firm specializing in commercial and residential real estate in Eastern Europe. The property will undergo a multi-million dollar renovation before re-opening as a Ramada hotel in the third quarter of 2010.
"Eastern Europe represents a great opportunity for Wyndham Hotel Group as there is a growing need for quality, value-rich hotels that provide a consistent and familiar guest experience," said Martin Armitstead, Wyndham Hotel Group senior vice president of development for the Europe, Middle East and Africa region...
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May 04, 2009 // Franchising.com // Dubai, United Arab Emirates — Ramada Worldwide, one of the world's leading international hotel chains with nearly 900 properties around the globe and a member of the Wyndham Hotel Group family of brands, today announced its continued expansion in the Middle East with the development of two new hotels: the 299-room Ramada® Plaza Kuwait City hotel in Kuwait and the 183-room Ramada Hotel and Suites Amman hotel in Jordan.
The brand, which has grown by 80 percent in the Middle East and in North Africa over the past two years, now has nearly 40 properties throughout the region.
"The World Tourism Organization has predicted that the Middle East will have the highest rate of overall tourism growth in the world over the next several years*," said Jim Alderman, Wyndham Hotel Group executive vice president of development...
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April 08, 2009 // Franchising.com // Parsippany, N.J. — Ramada Worldwide, one of the world's leading international hotel chains with nearly 900 properties around the globe, today announced its continued expansion with two new hotels in China: the world's largest Ramada hotel, the 1000–room Ramada Hotel & Suites Boao in the Hainan province, and the 548–room Ramada Huangshan in the Anhui province.
Currently under development on Hainan Island just off the south coast of mainland China, the upscale, 24–story Ramada Hotel & Suites property is expected to open in December 2010. The all–new construction hotel is being developed by Hainan Baolian City (Boao) Company Ltd., a subsidiary of the Shanghai Baolian Real Estate Company, Ltd...
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PARSIPPANY, NJ--(Marketwire - May 7, 2008) - Wyndham Hotel Group today announced an agreement with Days Hospitality Inc. of Markham, Ontario, for the development of 17 Ramada® hotels throughout Eastern Canada during the next 10 years.
Days Hospitality, which currently owns and operates three Ramada hotels in Calgary, Prince George, and Vancouver, will develop and operate the new hotels in the provinces of Ontario, Newfoundland, New Brunswick, Nova Scotia and Prince Edward Island.
Scott McPhail, Days Hospitality chief operating officer, said his company chose the Ramada brand because it is "positioned as a global leader in midmarket lodging and emphasizes the importance of service, product quality and high standards...
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