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Wyndham reports record-high pipeline

Hotel Business

Wyndham Hotels & Resorts , for the third quarter ended Sept. 30, reported a record-high development pipeline of 1,930 hotels. Our economy brands gained market share domestically amidst a backdrop of normalizing U.S. economy brands gained market share of 100 basis points in the third quarter.

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Radisson Hotel Group grows presence in Africa with seven signings

Hotel Management

We have led consistently the biggest market share for the last 36 months, translating to a commendable 15% growth on our African portfolio, year-on-year, placing us well on track to reach our objective of 150 hotels within the next five years from 100 hotels today,” Rankoussi said.

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Exclusive: Outrigger ‘bullish’ on beach community investment in Oceania, Asia Pacific

Hotel Management

Outrigger Resorts and Hotels is looking forward “ with eyes wide open ” , according to President and CEO, Jeff Wagoner, with the business vigilant in its efforts to retain and build market share. The good news is that there is pent-up demand for deals alongside ample beach resort destinations eager for expansion.

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Wyndham names Amit Sripathi chief development officer

Hotel Business

Wyndham Hotels & Resorts has appointed Amit Sripathi as chief development officer, replacing Chip Ohlsson , who will depart the company in June. Together with the best franchise sales team Wyndham has ever assembled, we will help even more owners discover the power of partnering with Wyndham and experiencing our Owner-First approach.”

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IHG to launch new midscale brand; reports H1 results

Hotel Business

During Intercontinental Hotels Group ‘s (IHG) first-half results presentation, Elie Maalouf, CEO, IHG Hotels & Resorts , revealed that the company will soon launch a new brand targeted at midscale conversion opportunities. and now has 25 open and pipeline properties globally. Q2 RevPAR was up 9.9%

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PCH opens third-party management to additional groups

Hotel Business

Hospitality management, acquisition and development company PCH Hotels & Resorts has expanded its services to include third-party hotel management services for additional ownership groups. PCH is currently working with additional hospitality groups that have hotels in the pipeline.

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Radisson reports strong growth across brands

Hotel Business

Our rate of materialization and openings is a testament not only to the quality of our pipeline but also reflects our conversion strategy in repositioning existing hotels under one of our brands.