QUITO, Ecuador – Wyndham Hotel Group, the world's largest hotel company with approximately 7,540 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the signing of a franchise agreement for the Wyndham Quito Airport Gran Condor, the first Wyndham Hotels and Resorts® property in Ecuador's capital city.

The full-service, 146-room property, which is owned by Pronobis, is the only hotel on the new international airport grounds. The property is part of an existing deal to develop and franchise eight hotels in the country under Wyndham Hotel Group brands over 10 years.

Upon opening in late 2015, the hotel will be the fifth Wyndham Hotel Group property developed and operated by Pronobis, joining the Wyndham Guayaquil, the first Wyndham Hotels and Resorts property to open in Ecuador, and three Howard Johnson® hotels currently operating in Quito, Guayaquil and Loja.

"Featured by Yahoo! Travel as number eight on the "Hot List" of the World's Top 10 Countries and listed as a 2014 top destination by CNN and The New York Times, Ecuador is not only an attractive destination for adventurers but also serves as an excellent showcase for our brands," said Paulo Pena, president and managing director of Latin America for Wyndham Hotel Group. "We are pleased to expand upon our successful partnership with Pronobis and look forward to continued growth for the Wyndham® brand in Ecuador and throughout Latin America."

Wyndham Quito Airport Gran Condor will be situated within the Mariscal Sucre International Airport development, allowing travelers easy access to the airport and central Quito. Services and amenities will include an onsite restaurant, lobby bar, pool, gym and spa facilities. The hotel will also offer four 77-square-meter meeting rooms that can be converted to a large 300-square-meter conference room.

"Hospitality is one of the most important drivers of our new business model," said Sergio Torassa, CEO of Pronobis. "We are convinced of Ecuador's great potential in tourism and are delighted to strengthen our relationship with our partner Wyndham Hotel Group, the largest hotel company in the world."

Wyndham Hotel Group is focused on rapid expansion in Latin America with 127 hotels open in the region as of June 30, 2014, 29 of which operate under the Wyndham Hotels and Resorts brand. Since 2012, two Wyndham-branded resorts in Panama have joined the portfolio. The first Wyndham hotels opened in Ecuador, Colombia and Peru last year, and the first Wyndham resort in Nicaragua is scheduled to open in 2015. Additionally, the company announced the signing of a franchise agreement for the first Wyndham-branded resort in Cost Rica last week.

 

 

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 872,000 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 24 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company's award-winning Wyndham Rewards loyalty program offers over 106 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.

The Company may use its website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Disclosures of this nature will be included on the Company's website in the Investors section, which can currently be accessed at www.investor.wyndhamhotels.com. Accordingly, investors should monitor this section of the Company's website in addition to following the Company's press releases, filings submitted with the Securities and Exchange Commission and any public conference calls or webcasts.

About Wyndham Rewards

Named the number one hotel rewards program by readers of USA TODAY, Wyndham Rewards® is the world's most generous rewards program with more than 50,000 hotels, vacation club resorts and vacation rentals worldwide.

Designed for the everyday traveller, members earn a guaranteed 1,000 points with every qualified stay and may redeem points for a wide range of rewards, including free nights at any of the approximately 9,100 hotels or tens of thousands of vacation club resorts and vacation rentals globally through affiliation with Wyndham Destinations and others. Wyndham Rewards has over 103 million enrolled members globally. Join for free today at www.wyndhamrewards.com. You've earned this. ®