Le Lézard
Classified in: Tourism and vacations, Business
Subject: TNM

Wyndham Hotel Group Completes Acquisition of AmericInn



PARSIPPANY, N.J., Oct. 3, 2017 /PRNewswire/ -- Wyndham Hotel Group has completed its acquisition of the AmericInn® brand and its hotel management company, boosting the hospitality giant's footprint of more than 8,100 hotels and strengthening its position as a midscale segment leader in the U.S. The transaction brings the company's collection of brands to 20 iconic names.

Wyndham Hotel Group (PRNewsFoto/Wyndham Hotel Group)

Upon closing, the company appointed industry veteran Nasir Raja to senior vice president, brand operations, overseeing the AmericInn brand's strategic direction, daily operations, and owner advisory board. Raja most recently served as executive vice president of franchise development and operations for the AmericInn brand at Northcott Hospitality. He is based in Minnesota.

Wyndham Hotel Group plans to take its latest brand addition ? which expands the company's North American portfolio by 200 hotels and nearly 12,000 rooms ? from a known Midwestern name to a national player, with potential for growth beyond U.S. borders. With the move, AmericInn owners will have access to unmatched sales, marketing, and distribution channels while guests will have the opportunity to explore incredible vacation experiences at more than 30,000 hotels, condo-style suites, and homes around the world through the unrivaled Wyndham Rewards® loyalty program. The company expects to fully integrate the brand by mid-2018.

The deal between Wyndham Hotel Group and Minnesota-based Northcott Hospitality closed on October 2, 2017. Keeping with its asset-light strategy, Wyndham Hotel Group assigned rights to Champion Hotels to purchase AmericInn's owned portfolio, which, concurrent with the closing, took ownership of the 10 owned hotels.

Wyndham Hotel Group announced in July its plans to acquire the AmericInn brand.

About Wyndham Hotel Group
Wyndham Hotel Group, hotel giant with an unmatched global presence, is one of three hospitality business units of Wyndham Worldwide (NYSE: WYN). Driving the democratization of travel, Wyndham Hotel Group is elevating the experience of the everyday traveler, changing the game so every traveler ? no matter how much they spend or how they like to travel ? has an extraordinary experience. As both a leading hotel brand franchisor and hotel management services provider, the company's global  portfolio consists of more than 8,100 hotels and over 705,700 rooms in 79 countries under the following brands: The Trademark Hotel Collection®, Dolce Hotels and Resorts®, Wyndham Grand®, Dazzler® Hotels, Esplendor® Boutique HotelsWyndham Hotels and Resorts®, Wyndham Garden® Hotels, TRYP by Wyndham®, Wingate by Wyndham®, Hawthorn Suites by Wyndham®, AmericInn®, Microtel Inn & Suites by Wyndham®, Ramada®, Baymont Inn & Suites®, Days Inn®, Super 8®, Howard Johnson®, Travelodge® and Knights Inn®. Wyndham Rewards®, named a best hotel rewards program for the past three consecutive years by U.S. News and World Report, offers more than 52 million members the opportunity to earn and redeem points at more than 30,000 hotels, condo-style suites and homes globally. For more information, visit www.wyndhamworldwide.com.

SOURCE Wyndham Hotel Group


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News published on 3 october 2017 at 11:46 and distributed by: