Wyndham Hotel Group has added ten new hotel properties and three new vacation ownership resorts to its Indian portfolio.
Stephen P. Holmes, Chairman and Chief Executive Officer, Wyndham Worldwide said, “With a renewed focus on travel and a growing middle class, India is becoming one of the fastest growing travel markets in the world.
“Our global portfolio encompasses virtually every type of travel accommodation – from hotels to timeshare to vacation rentals and more – making Wyndham Worldwide uniquely positioned to deliver great results for our hospitality partners and great travel experiences for guests,” said Holmes.
As the world’s largest hotel company with approximately 7,700 hotels, Wyndham Hotel Group currently operates 25 hotels in the region with another 28 in the pipeline representing more than 3,300 rooms. Wyndham Hotel Group is the fastest growing hotel franchisor in India. The company has experienced nearly 200% growth in India over the past five years.
Yesterday’s announcement of 10 new deal signings includes two conversions under the company’s Howard Johnson and Ramada Plaza brands with the Unique Mercantile Group and also signifies expansion for the first time beyond India under the Ramada and Days Inn brands with Intraco Limited based out of Bangladesh.
The three new vacation ownership resorts are a joint venture with RCI, the world’s largest timeshare exchange business. The company has experienced approximately 40% growth in India since the beginning of 2012 and is affiliated with more than 130 properties representing approximately 80% of all vacation ownership resorts in India.
RCI continues to grow as the market and segment leader in the country offering vacation options in 60 unique destinations with resorts providing a range of experiences from traditional beach holiday to cultural, historical and wildlife retreats whereby catering to ever changing consumer patterns. Recent RCI expansion includes the addition of Treat Resort in Silvassa, Mirasol Water Park and Resort in Daman, and Ananta Spa and Resorts in Udaipur. RCI has also expanded its footprint in recent years in markets such as Kerala, Assam, Rajasthan, and Andhra Pradesh and has future plans to enter popular destinations such as Sri Lanka and Maldives.
“We are excited to see that Indian travelers are embracing timeshare,” said Holmes.
“The vacation ownership segment is a powerful and growing driver of tourism in India and thanks to the continued efforts of RCI, our affiliated resorts, and our industry partners, timeshare providers today are delivering great experiences for guests and creating memorable vacation experiences for owners who keep coming back year after year,” he said.