Wyndham Hotels & Resorts Continues Momentum in Economy New Build, Mid-Range Extended Stay and Upper Mid-Range New Build
La Quinta by Wyndham Del Sol Prototype
In the second quarter of 2021 alone, La Quinta by Wyndham has opened or is expected to open six new upper-midrange builds Del Sol prototype hotels, including:
- La Quinta de Wyndham – Corpus Christi, Texas (open)
- La Quinta de Wyndham – Terrell, Texas (open)
- La Quinta de Wyndham – Littleton, Colorado (open)
- La Quinta de Wyndham – Shorewood, Illinois (open)
- La Quinta de Wyndham – San Antonio, Texas (opening scheduled for June)
- La Quinta de Wyndham – Nashville, Tennessee (opening scheduled for June)
Interest in the sleek and innovative Del Sol prototype has skyrocketed, with developers drawn to La Quinta’s sleek design, adaptable layout, and strong RevPAR performance against its competitors throughout the COVID-pandemic. 19. The brand recently announced the opening of its 120th prototype La Quinta Del Sol hotel. Upcoming upcoming Del Sol prototype openings include La Quinta from Wyndham Round Rock East in Texas and La Quinta from Wyndham Maricopa – Copper Sky in Arizona.
Microtel by Wyndham Moda Prototype
With three recent openings in the United States, including the Microtel Inn and Suites by Wyndham milford in Delaware, and the launch of the brand’s Moda prototype in Canada with the Microtel Inn & Suites by Wyndham Lac-Megantic in Quebec, the new Microtel by Wyndham Moda prototype remains on a steady growth path with around 110 hotels in its development pipeline. The Moda prototype is the first of its kind in the select economy services segment, designed to be highly profitable to build for a brand that exceeds its weight with a RevPar rating of 115%, the best in the industry. Moda reduces Microtel’s total footprint by almost 30% compared to the previous prototype and offers over 70% rentable space, one of the strongest rentable footprints in the economy and mid-range segments.
La Quinta by Wyndham and Hawthorn Suites by Wyndham Concept bi-brand
Wyndham’s new extended stay / dual brand concept La Quinta and Hawthorn Suites has also seen strong growth, with nearly 35 of these dual brand hotels in its development pipeline in markets such as Yuma, Arizona., Wichita, Kan., and Charlotte, North Carolina This strategic hotel match allows owners to target both transient business travelers and extended stays, with streamlined development and operating costs. The concept includes a common hall, a large modern and spacious room, a fitness center, a bar, equipment and spaces at the back of the house, while attracting the multiple types of travelers who have an affinity for these marks.
“These efficient and forward-thinking prototype models are essential to Wyndham’s new construction strategy, and we see continued demand from developers who seek meaningful brand recognition and strong performance,” said Chip Ohlsson, Managing Director of Development, Wyndham Hotels & Resorts. . “Owners have a great opportunity to diversify their customers within the Wyndham portfolio, with different brands reaching distinct audiences, capitalizing on both the leisure and business markets. “
Interested developers can visit Wyndham Development Site, or contact the Wyndham Franchise Development team by email at [email protected] for more information.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchise company by number of properties, with more than 8,900 hotels in nearly 95 countries on six continents. With its network of approximately 796,000 attractive rooms for the everyday traveler, Wyndham occupies a leading position in the economy and mid-range segments of the accommodation industry. The Company operates a portfolio of 21 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The company’s award-winning Wyndham Rewards loyalty program offers 87 million registered members the opportunity to redeem points at thousands of hotels, resorts and vacation rentals around the world. For more information visit www.wyndhamhotels.com.
This press release contains “forward-looking statements” within the meaning of US federal securities laws, including the planned addition of hotels and similar statements regarding possible future results or performance. You are cautioned not to place undue reliance on these forward-looking statements, which are not guarantees of future results or performance, speak only as of the date of this press release and are subject to numerous risks and uncertainties, including the risks described in Wyndham’s most recent annual report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission, each of which could cause actual results or performance to differ materially from results or future performance expressed or implied by these forward-looking statements. . Except as required by law, Wyndham Hotels assumes no obligation to update or revise forward-looking statements, whether as a result of new information, subsequent events or otherwise.
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SOURCE Wyndham Hotels & Resorts