Wyndham Hotels Entering India - China Footprint Taking Hold

January 13th, 2011
in Background

Wyndham China Daily Markets:  Zachs Investment Research reports that Wyndham Worldwide Corporation (WYN), through its subsidiary Wyndham Hotel Group, is finally entering the Indian market. The hospitality company signed a franchise agreement with Tirupati Buildings & Offices Pvt. Ltd to open its first hotel in India.

Follow up:

The 394 room hotel will be located in New Delhi, the Indian capital, and is expected to open in April 2011. The hotel will include facilities like restaurants, nightclub, swimming pool, spa, fitness and business center as well as 14,000 square feet of space for meeting and dinner purposes. Moreover, to attract a higher number of guests, a shopping mall is also planned near the hotel.

The hotel is strategically located as it is near the international airport, enabling easy visits by business and leisure travelers from all over the world. 

The Parsippany, New Jersey-based company is all set to accelerate its growth in the Asia Pacific region in 2011, as demand for hotels is greater in the international market than in the U.S. Other than the Indian market, Wyndham expects China to offer significant possibilities for growth, as 6 hotels are slated to open and 7 are under construction.  Read more at Daily Markets.....









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved