8 months ago
Wyndham Expands in India's Booming Hospitality Market
Wyndham Hotels & Resorts is growing quickly in India.
They have almost 100 hotels and plan to open more, especially in smaller cities and popular travel spots.
They just opened their first luxury hotel in Udaipur and are looking at places like Goa and religious sites for more hotels.
Better roads, airports, and trains are helping them grow.
They think more people will travel in India for at least the next five years, so they want to be ready with good hotels.
Wyndham Hotels & Resorts is rapidly expanding in India, nearing the 100-hotel milestone.
India has a significant gap in branded hotel rooms per capita compared to the US and Singapore.
The company is focusing on Tier-2 and Tier-3 markets and has introduced 14 brands in the region.
Wyndham Grand Udaipur marks their entry into the luxury segment in India.
They are targeting destinations like Goa, Rajasthan, and religious sites for future expansion.
- Who
- Wyndham Hotels & Resorts
- What
- Expanding in India's luxury hospitality market
- Where
- India, with focus on Tier-2 and Tier-3 markets, Goa, Rajasthan, Southern markets, and religious destinations
- When
- Approaching 100-hotel milestone within the current calendar year
- Why
- To capitalize on the demand-supply gap and growing domestic travel
Key facts
- Branded Hotel Rooms per Capita
- 1 per 3,000 people in India, 1 per 400 in the US, 1 per 8 in Singapore
- Wyndham's Current Hotel Count
- Approaching 100 hotels in India
- Pipeline Hotels
- 60 hotels in various stages of development
- Luxury Segment Entry
- Wyndham Grand Udaipur
- Key Growth Drivers
- Tier-2 and Tier-3 market penetration, strategic brand launches
- Target Destinations
- Goa, Rajasthan, Southern markets, religious destinations like Ayodhya and Bodh Gaya
- Infrastructure Focus
- Air connectivity, highway networks, EV charging facilities
- Expected Travel Boom Duration
- At least the next five years
Quotes
Rahoo Macarius
Market Managing Director – Eurasia, Wyndham Hotels & Resorts
“India has one branded room for every 3,000 people. If you compare that with the US, which has one for every 400 people, or Singapore with one for every 80, the playing field for us is extremely big.”
thehindubusinessline.com
Sources
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