Grand City Hotels and Wyndham Hotel Group Strike Strategic Alliance to Brand 43 Hotels
BERLIN (February 20, 2013) ??Grand City Hotels, Germany?s second largest hotel management company has entered into a strategic partnership withWyndham Hotel Group, the world?s largest hotel company with over 7,340 hotels and part of?Wyndham Worldwide Corporation?(NYSE: WYN), to brand 43 hotels and over 5,400 rooms under globally recognized Wyndham Hotel Group brand names.
[quote]Christian Windfuhr, chief executive officer, Grand City Hotels, described this new alliance as ?the greatest restructuring in our corporate history to date.?
?We are more than convinced by Wyndham Hotel Group?s competence, capability and brand image and also believe, looking at the extent of the agreement, we can facilitate a strong and successful entry to the German hotel market for our new partner,? said Windfuhr. [/quote]
[box type=”tick”]About Grand City Hotels
Grand City Hotels is one of the leading hotel management companies in Europe. With over 120 hotels in Germany, the Netherlands, Belgium, Austria, Italy, the United Kingdom, Spain, Hungary and Cyprus, Grand City Hotels ranks as one of the leading hotel management companies in Europe. Grand City has more than 13,000 hotel rooms at its disposal and welcomes more than three million guests annually. All the hotels are operated by Grand City and marketed under both its own ?Grand City Hotel? brand or such renowned brands as Radisson Blu, Best Western, Mercure, and Holiday Inn. The scope of Grand City?s management activities covers general management, sales and marketing, e-commerce, revenue management, purchasing, controlling and business development including hotel finance and acquisitions. The latest TREUGAST Investment Ranking lists Grand City Hotels at “AA.”
About Wyndham Hotel Group
Wyndham Hotel Group, part of the Wyndham Worldwide (NYSE:WYN) family of companies, is the world?s largest hotel company with over 7,340 hotels and approximately 627,440 rooms in 66 countries under the hotel brands: Wyndham? Hotels and Resorts, Ramada?, Days Inn?, Super 8?, Wingate by Wyndham?, Baymont Inn & Suites?, Microtel Inn & Suites? by Wyndham, Hawthorn Suites? by Wyndham, TRYP by WyndhamSM, Howard Johnson?, Travelodge? and Knights Inn?. In addition, the company has license agreements to franchise the Planet Hollywood Hotels, Dream? and Night? brands and provide management services globally. All hotels are independently owned and operated excluding certain Wyndham, Hawthorn Suites by Wyndham and TRYP by Wyndham hotels, as well as certain international Ramada, Days Inn and Super 8 hotels, which may be managed by one of the affiliates of Wyndham Hotel Group. Wyndham Rewards?, the guest loyalty program of Wyndham Hotel Group, is the world?s largest lodging loyalty program as measured by number of participating hotels and offers more than seven million active members the chance to earn and redeem points for stays at nearly 7,000 hotels throughout more than 50 countries worldwide. In addition to free stays, members may redeem their points for hundreds of reward options. [/box]