Wyndham Brand Grows in Latin America with Nicaragua Hotel
PARSIPPANY, N.J. – Wyndham Hotel Group, the world’s largest hotel company with over 7,340 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today officially announced the planned expansion of its upscale Wyndham® Hotels and Resorts brand in Latin America with the addition of the 212-key Wyndham Milagro del Mar Resort on Nicaragua’s Pacific Coast.
The beachfront hotel, currently under construction on Villa El Carmen’s Playa San Diego (San Diego Beach), will become Wyndham Hotel Group’s first property in Nicaragua. Owned and developed by HB International, the property is scheduled to open in 2014.
The agreement is another integral step in a focused strategy to increase Wyndham Hotel Group’s presence in Latin America. The company announced its 100th hotel in the region late last year and, as of Dec. 31, 2012, has 73 properties in the pipeline in Mexico, Central America, South America and the Caribbean.
“Latin America is full of opportunity-rich markets that are vital to our global growth plans,” said Daniel del Olmo, Wyndham Hotel Group’s senior vice president and managing director of Latin America. “The Wyndham brand’s upscale comfort, generous amenities and customer-focused ‘Count On Me!’ service culture set us apart in this region. We’re thrilled to work with dedicated partners like HB International who appreciate our brand and are supportive of our development efforts.”
The centerpiece of a 2,500-plus-acre master-planned community on more than three miles of beachfront, Wyndham Milagro del Mar Resort is located one hour west of Nicaragua’s capital city of Managua and the country’s international airport. Also within a one-hour drive are two historic colonial cities, Granada and León, as well as the Masaya Volcano National Park and Lake Nicaragua, the largest lake in Central America.
Upon completion, the hotel will offer amenities such as beach access, a beachfront pool, a 27-hole golf course, world-class surfing and surf shop, spa services, tennis and horseback riding. Onsite concierge services, wireless internet access and satellite television will also be available.
Wyndham Hotels and Resorts, LLC and Wyndham Hotel Group International, Inc., an affiliate, offer upscale hotel and resort accommodations throughout the United States, Canada, Mexico, Central and South America, the Caribbean, Europe, the Middle East and China. All Wyndham® hotels are either franchised by these companies or managed by Wyndham Hotel Management, Inc., one of their affiliates, or through a joint-venture partner. Additional information and reservations for all Wyndham hotels are available by visiting www.wyndham.com.
Wyndham Hotel Group, part of the Wyndham Worldwide (NYSE:WYN) family of companies, is the world’s largest hotel company with over 7,340 hotels and approximately 627,440 rooms in 66 countries under the hotel brands: Wyndham® Hotels and Resorts, Ramada®, Days Inn®, Super 8®, Wingate by Wyndham®, Baymont Inn & Suites®, Microtel Inn & Suites® by Wyndham, Hawthorn Suites® by Wyndham, TRYP by WyndhamSM, Howard Johnson®, Travelodge® and Knights Inn®. In addition, the company has license agreements to franchise the Planet Hollywood Hotels, Dream® and Night® brands and provide management services globally.
All hotels are independently owned and operated excluding certain Wyndham, Hawthorn Suites by Wyndham and TRYP by Wyndham hotels, as well as certain international Ramada, Days Inn and Super 8 hotels, which may be managed by one of the affiliates of Wyndham Hotel Group.
Wyndham Rewards, the guest loyalty program of Wyndham Hotel Group, is the world’s largest lodging loyalty program as measured by number of participating hotels and offers more than seven million active members the chance to earn and redeem points for stays at nearly 7,000 hotels throughout more than 50 countries worldwide. In addition to free stays, members may redeem their points for hundreds of reward options. For more information, visit www.wyndhamrewards.com.
Wyndham Hotel Group is based in Parsippany, N.J. Additional information is available at www.wyndhamworldwide.com. For more information about hotel franchising opportunities visit www.whgdevelopment.com or desarrollo.grupowyndham.com.
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