Wyndham Hotels & Resorts, the world’s largest hotel franchising company, is significantly expanding its presence in India. With the launch of its first luxury hotel, Wyndham Grand, in Udaipur next year and strategic partnerships with white label operators, Wyndham aims to capitalize on India’s growing hospitality market. Dimitris Manikis, president for EMEA at Wyndham Hotels & Resorts, emphasized that India is currently a prime market for growth, reflecting a broader shift in focus from China to India among global hospitality leaders. Wyndham is committed to enhancing its portfolio and attracting more international tourists to India.
BulletsIn
- Wyndham Hotels & Resorts will open its first luxury hotel in India, Wyndham Grand, in Udaipur next year.
- The company is considering strategic alliances with white label operators to expand its presence in India.
- Wyndham has appointed Shailender Singh as the market managing director for Eurasia.
- Wyndham currently operates 60 hotels in India and has 45 more in the pipeline.
- New hotel openings in India for this year include properties in Srinagar, Nainital, Ayodhya, Vrindavan, and Wayanad.
- The company is looking to introduce more of its global brands, including Wyndham Garden, to the Indian market.
- Wyndham’s loyalty program, Wyndham Rewards, with 110 million members, is actively promoting India as a travel destination.
- The company sees simplifying visa and entry requirements as essential for boosting inbound tourism to India.
- Wyndham plans to leverage its global network to increase tourism exchanges between India and countries popular with Indian travelers.
- Wyndham’s revenue per available room in India grew by 6-7% in the first half of the year, with an 8-9% increase in average daily rates.
