Wyndham's Impressive China Growth Continues in 2011
PARSIPPANY, NJ--(Marketwire - January 11, 2011) - After last year's successful growth in China, Wyndham Hotel Group, part of Wyndham Worldwide Corporation (NYSE: WYN), is off to a strong start in 2011. The hotel company today announced the signing of a management agreement to open a Wyndham Hotels and Resorts® property in the major municipality city of Chongqing.
The 48-story, 350-room Wyndham Chongqing North Hotel, owned by Chongqing Bei Cheng Real Estate Development Co., Ltd, will be one of the tallest buildings in the Yubei district.
The announcement strengthens Wyndham Hotel Group's position as the largest U.S.-based hotel company in China with 270 hotels representing over 42,000 rooms under the Wyndham Hotels and Resorts, Ramada®, Howard Johnson®, Days Inn® and Super 8® brands. With the addition of this new signing, there are now 13 Wyndham branded properties currently open or under development in China.
"China continues to be a key strategic focus for development in 2011," said Eric Danziger, Wyndham Hotel Group President and Chief Executive Officer. "We are delighted to be working with one of the major real estate companies in the area, Chongqing Bei Cheng Real Estate Development Co., Ltd., for the first time on this exciting project in one of China's thriving industrial centers."
Ideal for business and leisure guests, the Wyndham Chongqing North Hotel will be conveniently located just 30 minutes away from the Chongqing Jiangbei International Airport and railway station.
Scheduled to open in December 2014, hotel facilities will include extensive leisure facilities: indoor swimming pool, spa and gym, as well as three restaurants, one of which will serve Chinese cuisine. The hotel will also feature over 20,000 square feet of meeting space, including a grand ballroom and seven meeting rooms.
"We are extremely excited to be working on this new development," said Mr. Cao Xingping, Chairman of Chongqing Bei Cheng Real Estate Development Co., Ltd. "As one of the major real estate development and construction companies in Chongqing, we are honored to be the first to bring the Wyndham Hotels and Resorts brand to this vibrant area of the country."
The Wyndham Chongqing North Hotel will join eight Days Inn, Super 8 and Howard Johnson properties in serving travelers visiting Chongqing.
All Wyndham Hotels and Resorts guests can take advantage of Wyndham ByRequest®, the brand's guest recognition program offering complimentary benefits including high-speed Internet access, personal choice of welcome snack and beverage, preferred pillow type, express check-in, guaranteed late check-out, local and long-distance calls, best available room upon arrival, photocopies, faxes and online receipts.
Wyndham ByRequest members also earn Wyndham Rewards® points, which can be redeemed for complimentary hotel stays, airline tickets, name-brand merchandise and dining and shopping gift cards, among other options. In lieu of points, members may elect to earn airline or rail miles with a variety of carriers. More information is available at www.wyndhamrewards.com.
Wyndham Hotels and Resorts, LLC, a subsidiary of Wyndham Worldwide Corporation (NYSE: WYN), offers upscale hotel and resort accommodations throughout the United States, Europe, Canada, Mexico, China and the Caribbean. All Wyndham® hotels are either franchised by the company or managed by Wyndham Hotel Management, Inc., one of its affiliates or through a joint-venture partner. Additional information and reservations for all Wyndham hotels are available by calling (800) WYNDHAM -- (800) 996-3426 -- or visiting www.wyndham.com.
Wyndham Hotels and Resorts is part of Wyndham Hotel Group, the world's largest hotel company with nearly 7,200 hotels and nearly 606,000 rooms in 65 countries under 12 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® brand.