Latest news with #DimitrisManikis
Zawya
5 days ago
- Business
- Zawya
Wyndham surpasses 700 hotels in EMEA amid growth
Wyndham Hotels & Resorts has marked significant growth in its footprint across Europe, the Middle East, and Africa (EMEA), with more than 720 hotels now operating. In the first half of 2025 alone, the company added over 4,700 rooms through more than 60 new hotel openings, driving year-over-year organic system growth of 5 per cent in EMEA, alongside 27 new deal signings in the region, reinforcing its focus on high-growth markets and expanding access to quality, branded accommodations to travellers across the region. Standout additions include the Dolce by Wyndham Siracusa, Monasteri Golf and Spa in Sicily and the Signature Cave Cappadocia, Trademark Collection by Wyndham in Turkiye; offering distinctive stays in one the region's most captivating destinations. Wyndham also opened new destinations across Eastern Europe and Central Asia, with launches in Georgia, Romania, and Kazakhstan, and accelerated its momentum in Eurasia with 21 new openings in the first half of the year, expanding the regional portfolio to over 90 hotels - primarily located in India, one of the world's most dynamic and fastest-growing hospitality markets. Wyndham's strategic development partnerships also played a key role in driving brand growth, bringing its globally recognised Super 8 by Wyndham brand to two high-demand markets: Saudi Arabia and Iberia. Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts: 'With more than 720 hotels now open across EMEA, we're seeing incredible momentum. Travel is thriving and we're meeting that demand with a growing portfolio that reflects the energy and diversity of this region. From stunning resorts in Sicily to one-of-a-kind cave stays in Cappadocia, we're adding experiences that truly inspire. And with new signings in markets like Iberia and Saudi Arabia, we're not just growing - we're creating new opportunities for our partners and giving travellers even more great places to stay across the region.' This regional growth contributed to 4 per cent year-over-year global organic net room growth and Wyndham's 20th consecutive quarter of sequential developmental pipeline growth, reaching a record 255,000 rooms. Wyndham's EMEA region also delivered robust constant currency RevPAR growth of 7 per cent. Backed by its Owner First approach to franchising, Wyndham's continued expansion highlights the strength of its reputation and its long-term commitment to the success of franchisees and owners. Highlights from H1 2025 include: Continued expansion in Turkiye, where Wyndham is the largest hotel group, is now home to over 125 Wyndham-branded hotels, including landmark additions such as Cappadocia Cave Hotel by Wyndham, Wyndham Tarsus St. Paul and Wyndham Alanya. Robust development in Eurasia with 21 new hotel openings in the first half of the year, including Ramada Encore By Wyndham Lucknow Airport, Ramada by Wyndham Cox's Bazar Kolatoli Beach and Wyndham Garden Jim Corbett Chhoi. Strategic growth across Europe, reinforcing Wyndham's strong and established presence in key markets such as Germany, Greece, Portugal, Italy and Denmark, with further openings expected this year – a clear reflection of Europe's continued popularity with travellers. New destinations in Eastern Europe include the introduction of new brands such as La Quinta By Wyndham Batumi into Georgia and the addition of unique locations such as Tor're Astana, Trademark Collection and Wyndham Residences Aqkol in Kazakhstan. Landmark deals to bring Super 8 by Wyndham brand Saudi Arabia and Iberia, with plans for 100 hotels in the Kingdom and 40 across Spain and Portugal over the next decade - meeting the accelerating demand for trusted, value-driven accommodations in these dynamic markets. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Tourism Breaking News
01-08-2025
- Business
- Tourism Breaking News
Wyndham surpasses 700 Hotels across EMEA, as growth accelerates
Wyndham Hotels & Resorts has marked significant growth in its EMEA footprint, with more than 720 hotels now operating across the Middle East, Europe, Eurasia and Africa. In the first half of 2025 alone, the company added over 4700 rooms through more than 60 new hotel openings, driving year-over-year organic system growth of 5% in EMEA, alongside 27 new deal signings in the region, reinforcing its focus on high-growth markets and expanding access to quality, branded accommodations to travellers across the region. Standout additions include the Dolce by Wyndham Siracusa, Monasteri Golf and Spa in Sicily and the Signature Cave Cappadocia, Trademark Collection by Wyndham in Türkiye; offering distinctive stays in one the region's most captivating destinations. Wyndham also opened new destinations across Eastern Europe and Central Asia, with launches in Georgia, Romania, and Kazakhstan, and accelerated its momentum in Eurasia with 21 new openings in the first half of the year, expanding the regional portfolio to over 90 hotels – primarily located in India, one of the world's most dynamic and fastest-growing hospitality markets. Wyndham's strategic development partnerships also played a key role in driving brand growth, bringing its globally recognized Super 8® by Wyndham brand to two high-demand markets: the Kingdom of Saudi Arabia and Iberia. 'With more than 720 hotels now open across EMEA, we're seeing incredible momentum. Travel is thriving and we're meeting that demand with a growing portfolio that reflects the energy and diversity of this region. From stunning resorts in Sicily to one-of-a-kind cave stays in Cappadocia, we're adding experiences that truly inspire. And with new signings in markets like Iberia and Saudi Arabia, we're not just growing – we're creating new opportunities for our partners and giving travellers even more great places to stay across the region.' Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts. This regional growth contributed to 4% year-over-year global organic net room growth and Wyndham's 20th consecutive quarter of sequential developmental pipeline growth, reaching a record 255,000 rooms. Wyndham's EMEA region also delivered robust constant currency RevPAR growth of 7%. Backed by its Owner First™ approach to franchising, Wyndham's continued expansion highlights the strength of its reputation and its long-term commitment to the success of franchisees and owners.
Yahoo
15-07-2025
- Business
- Yahoo
Wyndham to boost presence in South Asia with new alliance
Wyndham Hotels & Resorts has announced a strategic alliance with Indian hospitality group Cygnett Hotels & Resorts to expand its footprint in South Asia. The collaboration will introduce Wyndham's La Quinta and Registry Collection Hotels brands to India and add more than 60 hotels across India, Bangladesh, Sri Lanka, and Nepal over the next decade. This move is aimed at capitalising India's growing travel sector, driven by infrastructure investments, a growing middle class, and increased tourism. Wyndham Hotels & Resorts EMEA president Dimitris Manikis said: 'This partnership is the next chapter in Wyndham's Eurasia growth story, with India as a key strategic market that we've grown alongside for decades. Cygnett shares our commitment to sustainable, long-term growth while meeting the rising demand from travellers seeking experiences that blend comfort, authenticity, and excellence. 'We're introducing elevated stays across the full spectrum from stylish, quality hotels to distinctive luxury escapes, bringing Wyndham's world-class brands to even more sought-after destinations across the region.' As part of the partnership, Wyndham and Cygnett have entered an exclusive ten-year development agreement to launch and develop the La Quinta by Wyndham brand in India, Sri Lanka, Nepal, and Bangladesh. This move encompasses new builds and conversions, with the first openings anticipated by the end of next year. The brand, which caters to both business and leisure guests in the upper midscale segment, has a portfolio of 900 locations worldwide. Simultaneously, the two companies will launch Registry Collection Hotels in India via a non-exclusive ten-year agreement, which will see the development of ten hotels in the country. These will be co-branded with Cygnett's newly introduced luxury five-star brand Anamore, with the inaugural hotel anticipated to welcome guests as early as 2026. With more than 30 locations around the globe, Registry Collection Hotels is known for its boutique and luxury hotels. Cygnett Hotels & Resorts founder and managing director Sarbendra Sarkar said: 'We are proud to help grow La Quinta and Registry Collection Hotels, two global brands that perfectly complement our portfolio and align with the rising demand in the region for high-quality hotel and guest experiences. 'Our extensive regional network and commitment to brand integrity uniquely position us to drive the successful rollout of these brands across South Asia.' Wyndham's current portfolio in India, Nepal, Sri Lanka and Bangladesh already features more than 70 hotels, with brands such as Ramada by Wyndham and Wyndham Garden. The recent opening of Wyndham Garden Sonipat Murthal in Haryana, India, in partnership with Rajdhani Realcon, underscores the company's ongoing growth strategy in the region. "Wyndham to boost presence in South Asia with new alliance" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Inicia sesión para acceder a tu cartera de valores
Arabian Business
14-07-2025
- Business
- Arabian Business
Wyndham Hotels, Cygnett announce massive expansion plan for India, Bangladesh, Sri Lanka, Nepal
Wyndham Hotels & Resorts has announced a strategic alliance with Cygnett Hotels & Resorts that will introduce the La Quinta by Wyndham and Registry Collection Hotels brands to India. The partnership is expected to add more than 60 hotels across India, Bangladesh, Sri Lanka and Nepal over the next 10 years. The deal with Cygnett, an Indian hospitality group, represents the latest in a series of development agreements by Wyndham to meet India's growing travel demand. Domestic travel spending reached $186 billion last year, with leisure travel spending expected to grow 12 per cent annually. 'This partnership is the next chapter in Wyndham's Eurasia growth story, with India as a key strategic market that we've grown alongside for decades. Cygnett shares our commitment to sustainable, long-term growth, while meeting the rising demand from travellers seeking experiences that blend comfort, authenticity, and excellence. We're introducing elevated stays across the full spectrum from stylish, quality hotels to distinctive luxury escapes, bringing Wyndham's world-class brands to even more sought-after destinations across the region,' Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts said. New Wyndham-Cygnett alliance boosts growth Under the agreement, Wyndham and Cygnett have signed an exclusive 10-year development deal to introduce and grow the La Quinta by Wyndham brand across India, Nepal, Sri Lanka, and Bangladesh. The companies plan to open over 50 hotels through a mix of new builds and conversions, with the first locations expected to open by the end of 2026. La Quinta hotels operate in the upper midscale segment and feature modern amenities. The brand currently has more than 900 locations globally, serving both business and leisure guests. Simultaneously, Wyndham and Cygnett will introduce Registry Collection Hotels in India through a non-exclusive 10-year development agreement for 10 hotels. The hotels will be co-branded under Anamore, Cygnett's newly launched luxury 5-star brand, with the first hotel expected to open in 2026. Registry Collection Hotels operates more than 30 locations globally, focusing on boutique and luxury hotels in destinations worldwide. 'Teaming up with Wyndham Hotels & Resorts gives us the scale, global recognition, and brand strength to expand rapidly and deliver outstanding value to our owners and guests. We are proud to help grow La Quinta and Registry Collection Hotels, two global brands that perfectly complement our portfolio and align with the rising demand in the region for high-quality hotel and guest experiences. Our extensive regional network and commitment to brand integrity uniquely position us to drive the successful roll-out of these brands across South Asia,' Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts added. The expansion comes as India's travel market experiences growth driven by rising infrastructure investment, middle-class aspirations, and increased outbound and domestic tourism. Wyndham's growth in Eurasia is supported by Wyndham Advantage, which combines marketing, distribution and other resources for hotel owners. The company has invested nearly $350 million in technology since 2018, providing owners access to property management systems and a member base of over 115 million enrolled Wyndham Rewards members globally. Wyndham currently operates more than 70 hotels across India, Nepal, Sri Lanka and Bangladesh, including Ramada by Wyndham, Howard Johnson by Wyndham and Wyndham Garden brands.
Time of India
13-07-2025
- Business
- Time of India
Wyndham Hotels to expand in India; 50+ new properties in pipeline; more global brands on the way
Representative AI image NEW DELHI: Wyndham Hotels and Resorts, the world's largest hotel franchisor, expects India to become one of its top growth markets, with over 50 new properties in the pipeline and plans to launch more of its global brands in the country, company officials said. During a PTI interview, Wyndham Hotels and Resorts' top executives, President for EMEA Dimitris Manikis and Managing Director for Eurasia Rahool Macarius — outlined the company's plans to expand its presence in India. "We have more than 70 hotels and very soon we are going to be more than 100. ... Talking about the pipeline, as we speak, we have more than 50 hotels in the pipeline and growing. So today, I might say 50 and tomorrow the number would change. So it's a moving goal post for us but it's a very fast and sprinting goal post for us," Rahool said. Although Ramada remains their most recognised brand in India, the organisation intends to expand its current portfolio with additional brands. Dimitris explained, "We've got such a great portfolio of brands that they fit with certain markets at a certain time. So yes, the answer is yes, we're going to bring more brands. But equally, we want to make sure that we grow the brands that we currently have in India." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo He highlighted India's strong potential to become a leading global tourism destination and stressed the need for better marketing, more direct international flights, and easier visa procedures for foreign visitors. "Direct flights, absolutely critical, opening up those flights, absolutely critical, make entry into the country as easy as possible. People today what they need is, when they travel, they don't want to be burdened by long processes and difficult to get to, processes, including visas," said the Wyndham Hotels and Resorts' EMEA President. Operating over 9,300 hotels across approximately 95 countries, Wyndham Hotels & Resorts announced a partnership with Cygnett Hotels & Resorts to launch La Quinta by Wyndham and Registry Collection Hotels in India. Wyndham Hotels and Resorts operates 25 hotel brands, including Super 8, Days Inn, Microtel, Baymont, Wingate, Trademark Collection, and Wyndham. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
