Scottsdale, Arizona 5/14/2008 9:17:41 AM
News / Finance

QualityStocks.net News – Wyndham Worldwide Corp. (WYN) to Expand in Canada

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We would like to highlight Wyndham Worldwide Corp. (NYSE: WYN). The company is a hospitality company. The Company offers individual consumers and business-to-business customers a suite of hospitality products and services across various accommodation alternatives and price ranges through its portfolio of brands. With more than 20 brands, which include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, TripRewards, RCI, The Registry Collection, Endless Vacation Rentals, Landal GreenParks, English Country Cottages, Novasol, Wyndham Vacation Resorts and WorldMark by Wyndham.

 

In the Company’s news today,

 

Wyndham Worldwide Corp. announced an agreement for the development of 17 Ramada hotels throughout Eastern Canada during the next 10 years. Days Hospitality, which currently owns and operates three Ramada hotels in Calgary, Prince George, and Vancouver, will develop and operate the new hotels in the provinces of Ontario, Newfoundland, New Brunswick, Nova Scotia and Prince Edward Island.

 

Scott McPhail, Days Hospitality chief operating officer, said his company chose the Ramada brand because it is “positioned as a global leader in midmarket lodging and emphasizes the importance of service, product quality and high standards.” In addition, Days Hospitality enjoys a “solid, longstanding relationship” with Wyndham Hotel Group’s Ramada staff. He said, “We wanted to expand our association with a team that is visibly committed to the brand’s success.”

 

This announcement follows an agreement last year with Canalta, a development and operations company based in Drumheller, Alberta, to develop 30 Ramada hotels throughout Western Canada. “We are focused on growing and strengthening the Ramada brand,” said Mark Young, Ramada brand senior vice president. “This agreement with Days Hospitality is a testimony to that commitment. Our growth in Canada, Asia and Europe demonstrates the brand’s increasing success.”

 

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