Wyndham Hotel Group and MasterBUILT to Open 75 Microtel Hotels in Canada
April 21, 2011 // Franchising.com // PARSIPPANY, N.J. — More than 75 new construction Microtel Inns & Suites® hotels are expected to open in Canada over the next 25 years as part of a master development agreement announced today by Wyndham Hotel Group (NYSE: WYN) and MasterBUILT Hotels Ltd.
Led by Jay Westman and Marc Staniloff, MasterBUILT Hotels Ltd. is a joint venture between JWI Investments LP, parent company of leading Western Canadian home builder Jayman MasterBUILT, and Superior Lodging Corp., master developer of Wyndham Hotel Group's Super 8® brand in Canada .
"Marc's leadership has proven to be an outstanding asset in helping grow the Super 8 brand in Canada and we have no doubt that he will help do the same with our award winning Microtel brand," said Eric Danziger, Wyndham Hotel Group president and CEO. "His knowledge of the market and passion for the industry are unparalleled. With his dedication and determination, Microtel will become a household name among travelers in Canada."
Staniloff, along with Superior Lodging Corp., signed a master development agreement for the Super 8 brand in Canada in 1992 and, through his 19 year tenure, has grown the brand's portfolio to include approximately 130 Super 8 hotels throughout every province in Canada. Staniloff and Superior also have a portfolio of three Wingate by Wyndham® hotels in the country.
"The Canadian market continues to show great potential and is on the upswing, making now the right time to bring the Microtel brand to the country in a big way," said Staniloff. "We couldn't be more pleased to be working with Wyndham Hotel Group again to make that happen."
Currently, the Microtel Inns & Suites brand has two hotels open in Canada, one in Parry Sound, ON and another in Woodstock, ON. The brand also has previously signed agreements for an additional 10 hotels in the country.
About Microtel Inns & Suites
The Microtel Inns & Suites brand is an award winning chain of new construction only economy hotels located throughout North America, South America and Asia offering an array of amenities that include complimentary local and long-distance phone calls within the continental United States, free high-speed wired and wireless Internet access, and complimentary continental breakfast. Most properties offer meeting and fitness facilities, swimming pool and guest laundry and select properties allow pets and offer print, copy and fax services.
For the past nine consecutive years, J.D. Power and Associates has ranked the Microtel Inn & Suites brand highest in overall guest satisfaction in the economy lodging segment.
About Wyndham Hotel Group
Wyndham Hotel Group, part of the Wyndham Worldwide (NYSE:WYN) family of companies, is the world's largest hotel company with approximately 7,210 hotels and 612,700 rooms in 67 countries 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, TRYP® by Wyndham, Howard Johnson®, Travelodge® and Knights Inn®. In addition, the company has a license agreement to franchise the Planet Hollywood Hotels, Dream® and Night® brands and provide management services globally.
All hotels are independently owned and operated excluding certain Wyndham and international Ramada hotels which are managed by Wyndham Hotel Management, Inc., one of its affiliates or through a joint-venture partner. Wyndham Hotel Group is based in Parsippany, N.J. Additional information is available at www.wyndhamworldwide.com.