Wyndham Hotel Group and Riyada Launch Days Inn Brand in Saudi Arabia
Deal anticipated to add 10 hotels over the next seven years
Wyndham Hotel Group, the world's largest hotel company with over 7,260 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the signing of an exclusive development agreement for the Days Inn® brand in Saudi Arabia with Riyada International Hotels and Resorts, currently the master franchisee for Ramada® hotels in the Kingdom.
Rui Barros, Wyndham Hotel Group's senior vice president and managing director for Europe, Middle East and Africa said, "We are delighted to expand our relationship with Riyada International Hotels and Resorts through this deal to launch and grow the Days Inn brand, our largest brand globally with 147,224 rooms, in Saudi Arabia. This brand has exceptional growth potential in this market as it is perfectly suited to the growing number of travelers seeking comfort and quality accommodation without a mid-market or upscale price tag."
This was Barros' first visit to Saudi Arabia as Wyndham Hotel Group's newly appointed SVP and managing director of Europe, Middle East and Africa. Previously, he was brand senior vice president for the Howard Johnson®, Travelodge® and Microtel Inn & Suites by Wyndham® hotel brands and has served Wyndham Hotel Group in a variety of leadership roles since 1998.
"We have worked in partnership with Wyndham Hotel Group for the last seven years to successfully build the Ramada brand within the Kingdom. To now work together to launch Days Inn, another leading global brand, represents a significant milestone for us," said Muhammad Al-Amir, founder and managing director of Riyada International Hotels and Resorts. "With Wyndham providing us with up to date global hospitality know-how, coupled with our local knowledge of the market, we have an unparalleled competitive edge in the country's hotel development sector."
Days Inn is a leading global brand in the economy segment with more guest rooms than any other economy brand in the world and over 1,830 hotels worldwide. Under its Best Value Under The Sun℠ positioning, Days Inn hotels offer value conscious consumers free high speed internet as well as the opportunity to earn free stays, airline miles or gift cards through Wyndham Rewards, the Wyndham Hotel Group loyalty program. In tune with the needs of the local market, all Days Inn hotels across the Kingdom will also feature extra-large family rooms.
Existing Days Inn hotels in the Middle East which have already proved popular include two hotels in Jordan and one in Bahrain. The agreement with Riyada International Hotels and Resorts marks a step change in the brand's expansion in the region and gives instant momentum to its growth in Saudi Arabia.
"We are fully committed to growing our presence in the Gulf, both through the expansion of our existing, trusted brands such as Ramada and Wyndham Hotels and Resorts, as well as through the introduction of new brands such as Super 8 and Days Inn, which cater to currently under-served segments in the region," Barros added.
About Days Inn
The Days Inn hotel brand, a member of the Wyndham Hotel Group family of lodging brands, is a chain of over 1,830 hotels worldwide. Within Europe, the Middle East and Africa, typical amenities include comfortable beds, powerful showers, in-room tea and coffee facilities and complimentary internet. Reservations and information are available by visiting www.daysinn.com. Days Inn hotels are independently owned and operated under franchise agreements with Days Inns Worldwide, a subsidiary of Wyndham Worldwide Corporation (NYSE: WYN).
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company, with approximately 9,200 hotels across more than 80 countries on six continents. Through its network of approximately 817,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, Baymont®, The Trademark Collection®, and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company's award-winning Wyndham Rewards loyalty program offers over 77 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com. If you are interested in development opportunities, please visit development.wyndhamhotels.com.