NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Wyndham Hotels & Resorts Expands India Portfolio

Wyndham Hotels & Resorts, a leading American hotel chain, is gearing up for significant growth in the Indian market. The company, which operates brands such as Ramada and Planet Hollywood, has 95 operational properties in India. This is expected to increase to 150 properties over the next few years.

The company has a robust pipeline of 55 hotels in various stages of development in India. This expansion is likely to be driven by continued strong demand for branded hotel rooms across Indian markets. Dimitris Manikis, President of Europe, Middle East, Eurasia and Africa (EMEA), highlighted the company's growth plans for the region.

Key Statistics:

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

  • 95: Number of operational properties in India
  • 55: Number of hotels in the pipeline
  • 150: Target number of properties in India over the next few years

Investor Takeaway

Investors should consider the growth potential of Wyndham Hotels & Resorts in the Indian market.

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