Exclusive development deal with Nile Hospitality fueled by
increased inbound and domestic tourism.
LONDON – Wyndham Hotels & Resorts has signed an
exclusive development agreement with regional third-party developer and
operator Nile Hospitality to introduce its economy Microtel by Wyndham brand to
India, marking the eighth Wyndham brand to debut in the country. The partners anticipate opening 40 Microtel hosts by 2031, all of which will be direct franchisees of Wyndham.
Wyndham’s agreement with NILE will see
development of the brand in key Tier II, III and IV cities, in line with
India’s infrastructure development cycle, with the first hotels opening in
2025. Each will have a minimum of 50 keys and feature meeting and social
spaces, gyms and other facilities based on the needs of the region.
Wyndham currently has 60 hotels open
throughout India and said it expects to grow by at least 25% in the next 18
months.
“We continue to see incredible opportunity in India, which is why we're focusing our strategic efforts on introducing more of our diverse brands to the country,” said Dimitris Manikis, president EMEA, Wyndham Hotels & Resorts. “Microtel is an ideal example of a brand that can be purpose-built for the market and with the continued collaboration with trusted partners like Nile Hospitality, we can quickly scale to meet growing demand.”