NEW DELHI, Oct. 6, 2015 /PRNewswire/ -- With the
announcement of new deals across its hotel and timeshare exchange
portfolios, Wyndham Worldwide (NYSE: WYN), one of the largest
hospitality companies in the world, continues expanding its
presence throughout the Indian subcontinent. With 10 new hotel
properties joining Wyndham Hotel Group and three new vacation
ownership resorts joining the RCI vacation exchange network,
Wyndham is meeting the diverse needs of India's owners and
guests.
"With a renewed focus on travel and a growing middle class,
India is becoming one of the fastest growing travel markets in the
world," said Stephen P. Holmes,
Chairman and Chief Executive Officer, Wyndham Worldwide, who joined the team in
New Delhi for today's
announcement. "Our global portfolio encompasses virtually every
type of travel accommodation -- from hotels to timeshare to
vacation rentals and more -- making Wyndham Worldwide uniquely
positioned to deliver great results for our hospitality partners
and great travel experiences for guests."
Wyndham Hotel Group's Explosive Growth Meets the Demands of
all Travelers
As the world's largest hotel company with
approximately 7,700 hotels, Wyndham Hotel Group currently operates
25 hotels in the region with another 28 in the pipeline
representing more than 3,300 rooms. Wyndham Hotel Group is the
fastest growing hotel franchisor in India. The company has experienced nearly 200%
growth in India over the past five
years. Today's announcement of 10 new deal signings
includes two conversions under the company's iconic
Howard Johnson and Ramada Plaza
brands with the Unique Mercantile Group and also signifies
expansion for the first time beyond India under the Ramada and Days
Inn brands with Intraco Limited based out of Bangladesh.
RCI Delivers More Vacation Options with Expansion into New
Destinations
Offering its 3.8 million members the
ability to exchange their timeshare interval within its network of
more than 4,500 affiliated resorts in over 100 countries, RCI is
the world's largest timeshare exchange business. The company has
experienced approximately 40% growth in India since the beginning of 2012 and is
affiliated with more than 130 properties representing approximately
80% of all vacation ownership resorts in India.
RCI continues to grow as the market and segment leader in the
country offering vacation options in 60 unique destinations with
resorts providing a range of experiences from traditional beach
holiday to cultural, historical and wildlife retreats whereby
catering to ever changing consumer patterns. Recent RCI expansion
includes the addition of Treat Resort in Silvassa, Mirasol Water
Park & Resort in Daman, and Ananta Spa & Resorts in
Udaipur. RCI has also expanded its footprint in recent years in
markets such as Kerala, Assam, Rajasthan, and Andhra Pradesh and
has future plans to enter popular destinations such as Sri Lanka and Maldives.
"We are excited to see that Indian travelers are embracing
timeshare," said Holmes. "The vacation ownership segment is a
powerful and growing driver of tourism in India and thanks to the continued efforts of
RCI, our affiliated resorts, and our industry partners, timeshare
providers today are delivering great experiences for guests and
creating memorable vacation experiences for owners who keep coming
back year after year."
While in India, Holmes and the
Wyndham Worldwide team will also visit Christel House India –Bangalore, a charter
school run by Christel House International. Founded by RCI
co-founder Christel DeHaan in 1998,
Christel House International opened its first school in
Bangalore, India in 2001. With
more than 1,000 students enrolled, Christel
House India – Bangalore has
had a 96% student retention rate and a 94% graduation rate. By
comparison less than 10% of students graduate high school in
India. Additionally, 93% of
Christel House India - Bangalore graduates are in college, working,
or both, compared to 25% of all Indian youth pursuing college
degrees. Wyndham Worldwide has been a longtime, dedicated
supporter of Christel House International through its Wishes by
Wyndham Foundation.
"I am inspired every time I walk through the doors of a Christel
House school, and we are incredibly proud to play a small role in
supporting these remarkable students, as well as their dedicated
teachers and staff," said Holmes. "We are a values-based company
that aims to deliver results for our business in a responsible way,
creating positive change for the people and communities around
us."
About Wyndham Worldwide
One of the world's largest hospitality companies, Wyndham Worldwide
(NYSE: WYN) provides a wide range of hospitality services and
products through its global portfolio of world-renowned brands. The
world's largest hotel company based on the number of properties,
Wyndham Hotel Group is home to many of the world's best-known hotel
brands, with approximately 7,700 franchised hotels and over 668,500
hotel rooms worldwide. Wyndham Exchange & Rentals is the
worldwide leader in vacation exchange and the world's largest
professionally managed vacation rentals business, providing more
than 5 million leisure-bound families annually with access to
approximately 110,000 vacation properties in over 100 countries
through its prominent exchange and vacation rental brands. The
industry and timeshare ownership market leader, Wyndham Vacation
Ownership develops, markets, and sells vacation ownership interests
and provides consumer financing to owners through its network of
over 210 vacation ownership resorts serving approximately 901,000
owners throughout the United
States, Canada,
Mexico, the Caribbean, and the South Pacific. Based in
Parsippany, NJ, Wyndham Worldwide
employs over 34,000 associates globally. For more information,
please visit www.wyndhamworldwide.com.
About Wyndham Hotel
Group
Wyndham Hotel Group is the world's largest hotel
company based on number of hotels and is one of three hospitality
business units of Wyndham Worldwide (NYSE: WYN). As both a
leading hotel brand franchisor and hotel management services
provider, the company's global portfolio consists of
approximately 7,700 properties and 668,500 rooms in 71 countries
under the following brands: Dolce Hotels and
Resorts®, Wyndham Grand® Hotels and
Resorts, Wyndham Hotels and
Resorts®, Wyndham Garden® Hotels, TRYP by Wyndham®,
Wingate by Wyndham®, Hawthorn Suites by Wyndham®,
Microtel Inn & Suites by Wyndham®, Ramada Worldwide®,
Baymont Inn & Suites®, Days Inn®, Super 8®, Howard Johnson®,
Travelodge® and Knights Inn®. Wyndham Rewards, the
company's guest loyalty program offers more than 40 million members
the opportunity to earn and redeem points at thousands of hotels
across the world. For more information visit
www.wyndhamworldwide.com
About RCI
RCI is the worldwide leader in vacation
exchange with nearly 4,500 affiliated resorts in more than 100
countries. RCI pioneered the concept of vacation exchange in 1974,
offering members increased flexibility and versatility with their
vacation ownership experience. Today, through RCI
Weeks®, the traditional week-for-week exchange system,
and RCI Points®, the industry's first global
points-based exchange system, RCI provides flexible vacation
options to its approximately 3.8 million RCI subscribing members
each year. RCI's luxury exchange program, The Registry
Collection®, is the world's largest program of
its kind with approximately 200 affiliated properties either
accessible for exchange or under development on six
continents. RCI is part of Wyndham Exchange & Rentals and
the Wyndham Worldwide family of brands (NYSE: WYN). For additional
information visit our media center, rciaffiliates.com or The RCI
Blog. RCI also can be found on Facebook, YouTube and Twitter.
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SOURCE Wyndham Worldwide