Ramada Strikes Again! Signs Fourth Management Agreement in Bangkok
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. "This hotel will further the brand's reach and clearly position Ramada as a strong, vibrant and leading brand in the country."
Wyndham Hotel Group has a managed portfolio of nearly 30 properties around the globe, including the 162-room Wyndham Grand London Chelsea Harbour in London; the 600-room Wyndham Rio Mar Beach Resort and Spa in Rio Grande, Puerto Rico; and the recently opened 588-room Wyndham Xiamen in Xiamen, China.
Wyndham Hotel Group, part of the Wyndham Worldwide family of companies (NYSE: WYN), encompasses more than 7,100 hotels and 597,000 rooms 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, Howard Johnson®, Travelodge® and Knights Inn®.
All hotels are independently owned and operated excluding certain Wyndham and international Ramada hotels which are managed by our affiliate or through a joint venture partner.
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