Wyndham Hotels and Resorts has reported strong growth momentum in Asia Pacific for the first half of the 2023 calendar year with several openings and new brands entering the market.
RevPAR was up 31% in the APAC region and room size increased by 6% thanks to the addition of new hotels.
“In the first half of 2023, we’ve achieved phenomenal results; driven by three game-changing factors; the strong recovery of bleisure travel across Asia Pacific, the combined rebound in Greater China’s domestic and international travel demand, and the introduction of new, exciting brands and hotels into strategic markets across Asia Pacific,” said Wyndham Hotels and Resorts, President, Asia Pacific, Joon Aun Ooi.
“For our guests, the strong appeal of our brands coupled with the high usability of Wyndham Rewards kept them in the Wyndham ecosystem whilst our owners witnessed how we were able to leverage the strength of our commercial and operational support to attract demand and drive growth.
“These factors combined to deliver strong guest and owner loyalties – that further highlights the trust they have in our portfolio of brands and industry-leading franchising experience.”
Wyndham Grand, Wyndham, Wyndham Garden and Tryp by Wyndham all introduced their first hotels across various destinations such as Singapore, Wellington in New Zealand, and Phu Quoc Vietnam, and brands entered new countries through hotel signings and openings.
In Thailand, Wyndham opened Ramada by Wyndham Bangkok Sukhumvit 11 and Ramada by Wyndham Bangkok Ten Ekamai Residences, while in Greater China, Wyndham Shanghai Nanxiang opened in April.
Wyndham’s current brand portfolio in Asia Pacific stands at a total of 14 brands with over 197,000 rooms and the company intends to introduce new brands to the region and strengthen its development and opening pipelines for the foreseeable future.