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Wyndham Hotels & Resorts (NYSE: WH) appointed Amit Sripathi Chief Development Officer reporting to the Company's President and Chief Executive Officer, Geoff Ballotti. Sripathi will lead Wyndham's North American franchise sales team as they help hotel owners tap into the power of the world's largest hotel franchise company and its iconic brands.
In the shorter term, CBRE expects a 2% RevPAR growth in 2024, driven by international tourism and limited supply, despite a weaker first quarter and a reduced forecast from 3%.
The existing upscale brand is now known as WaterWalk Extended Stay by Wyndham, with a portfolio of 11 properties across the…
Wyndham Hotels & Resorts is expanding into the upscale extended stay segment, launching a strategic relationship with industry innovator WaterWalk. The deal adds 11 hotels and over 1,500 rooms to the Wyndham ecosystem, rebranding them under the newly created WaterWalk Extended Stay by Wyndham brand, the 25th in Wyndham's portfolio. Located in key markets such as Tucson, Jacksonville and Wichita, the offerings perfectly compliment Wyndham's existing economy and midscale extended stay brands and cater to guests seeking a local, yet elevated stay with the comforts of home.
An agreement with LuxUrban Hotels will see properties in New York, Los Angeles, Miami, Washington, and New Orleans join Wyndham’s Trademark Collection…