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La Quinta by Wyndham Opens its Doors in Beautiful Batumi, Georgia
Prnewswire· 2025-04-28 12:00
Industry Overview - Georgia's tourism industry is experiencing significant growth, with 7.4 million international visitors in 2024, representing a 4.2% increase from the previous year [1] - Batumi is highlighted as a leading travel hotspot due to its attractive Black Sea coastline and vibrant atmosphere [1] Company Expansion - Wyndham Hotels & Resorts is expanding its presence in Georgia, introducing the La Quinta by Wyndham brand to tap into the growing tourism market [2] - The La Quinta by Wyndham Batumi hotel is strategically located near Batumi Beach and the international airport, enhancing its appeal to travelers [2] Hotel Features - La Quinta by Wyndham Batumi features 98 rooms, including various types such as king and twin rooms, catering to diverse traveler needs [3] - The hotel offers amenities like on-site parking, a 24/7 fitness center, wellness facilities, an international restaurant, and a bar [3] Strategic Vision - Wyndham's commitment to the Georgian market is part of a broader EMEA growth strategy, recognizing the long-term potential of the region [2] - The hotel aims to provide a premium experience that aligns with the expectations of international travelers [4] Brand Recognition - La Quinta by Wyndham is part of a global portfolio of over 900 hotels, known for its quality service and guest experience [4] - Wyndham Hotels & Resorts is the largest hotel franchising company globally, with approximately 9,300 hotels across over 95 countries [6]
青岛酒店,喜欢“首店”
3 6 Ke· 2025-04-27 03:50
Core Insights - The high-end accommodation market in Qingdao is expanding rapidly, with over 20 five-star standard hotels established in the last five years, including several international brands making their debut in Shandong [1][2][3] - Major international hotel groups are increasingly opening their first locations in Qingdao, with eight out of the top ten global high-end hotel management groups choosing to establish their first hotels in the city [3][4] Group 1: Market Dynamics - Qingdao's hotel market is experiencing a surge in demand, with hotel order volumes increasing by 28% year-on-year, driven by the upcoming May Day holiday and a growing "holiday economy" [2] - The Marriott International Group has significantly expanded its presence in Qingdao, with multiple brands including St. Regis, Westin, and Le Meridien already operational, and new projects like the dual-brand Qingdao Jinmao hotels set to open soon [2][3] - The InterContinental Hotels Group has also announced the opening of its first Indigo hotel in Qingdao, emphasizing local cultural integration and unique guest experiences [3][4] Group 2: Economic and Tourism Potential - Qingdao is recognized as a city with international tourism appeal, supported by its strong economic foundation, including being one of China's major foreign trade ports and home to significant enterprises like Haier and Tsingtao Brewery [6][7] - The city is actively pursuing new industries and has been approved as a pilot city for asset investment companies, indicating a robust economic growth trajectory with a projected GDP of 16,719.46 billion yuan in 2024, reflecting a 5.7% increase from the previous year [8][9] Group 3: Challenges and Opportunities - Despite the influx of international hotel brands, Qingdao's hotel market still faces challenges, with 80% of its hotels being low-end, and only 2% classified as high-end, indicating a significant imbalance in accommodation quality [10][11] - The seasonal nature of tourism in Qingdao leads to high vacancy rates during off-peak months, with summer accounting for 60% of annual tourist traffic, highlighting the need for improved year-round demand [11][12] - The local economy's reliance on traditional industries and the lack of strong private enterprises contribute to insufficient business travel demand, which is crucial for sustaining high-end hotel occupancy [12][13] Group 4: Investment Strategies - The high vacancy rate in Qingdao's office buildings, currently at 35%, presents an opportunity for converting these properties into mid-to-high-end hotels, leveraging their prime locations and existing infrastructure [14][15] - Upgrading low-efficiency assets, particularly older hotels with good locations, could meet the rising demand for quality accommodations and enhance the overall hotel market [15][16] - Redefining hotel experiences to incorporate local culture and community engagement could attract both tourists and local residents, creating a unique destination within Qingdao [16][17]
Loaded Gun Recovered At Man's Latest Hotel Arrest: Joliet Police
Joliet, IL Patch· 2025-04-22 16:36
Crime & SafetyCrest Hill Man Arrested Again, This Time With Loaded Gun At Different Hotel: Police Last weekend, Ruben D. Hughes was arrested four times in 18 hours at a Larkin Avenue hotel, police said. This time, it was just once. For the second weekend in a row, Ruben Hughes, now of Crest Hill, found himself being arrested by the Joliet police force at one of Joliet's hotels. (Mugshot via Joliet police )JOLIET — For the second weekend in a row, the Joliet police force arrested 53-year-old Ruben Hughes at ...
Wyndham Stock is Trading at a Discount: Is It Buy Time Yet?
ZACKS· 2025-04-10 16:20
Wyndham Hotels & Resorts, Inc.’s (WH) current valuation is enticing for investors to look into. The stock is currently trading at a discount compared with the Hotels and Motels industry peers. The company’s forward 12-month price-to-earnings (P/E) ratio is 17.5X, which is below the industry average of 20.8X but slightly more than the broader Consumer Discretionary sector’s 17.08X.Image Source: Zacks Investment ResearchThe company’s valuation trend can be compared with the other renowned industry players, in ...
Franchisee Choice, Five Years Strong: Canadian Franchise Association Honours Days Inns - Canada with Top Distinction
Newsfilter· 2025-04-09 13:48
Core Insights - Days Inns - Canada has received the Franchisees' Choice designation for the fifth consecutive year, highlighting its strong franchise relations and support [1][2] - The Franchisees' Choice program, now in its 15th year, evaluates franchisors based on franchisee satisfaction across various critical business relationship aspects [2][3] Company Overview - Days Inns - Canada operates over 105 independently owned and operated hotels, offering more than 8,385 rooms across urban, airport, and resort properties in Canada [5] - The brand is part of Realstar Hospitality and is associated with Wyndham Hotels & Resorts, which is the largest hotel franchising company globally, with approximately 8,900 hotels across nearly 95 countries [5] Industry Context - The Canadian Franchise Association (CFA) represents over 600 corporate members and more than 40,000 franchisees, advocating for the franchise industry in Canada [6] - Franchising is the 12th largest industry in Canada, contributing over $133 billion annually to the economy and creating jobs for nearly two million Canadians [6]
Why Wyndham Hotels (WH) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-04-08 16:50
Company Overview - Wyndham Hotels (WH) is headquartered in Parsippany and operates in the Consumer Discretionary sector [3] - The stock has experienced a price decline of 21.04% since the beginning of the year [3] Dividend Information - Wyndham Hotels currently pays a dividend of $0.41 per share, resulting in a dividend yield of 2.06%, which is significantly higher than the Hotels and Motels industry's yield of 0.55% and the S&P 500's yield of 1.76% [3] - The annualized dividend of $1.64 represents a 7.9% increase from the previous year, with an average annual increase of 37.72% over the past five years [4] - The company's current payout ratio is 35%, indicating that it pays out 35% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - The Zacks Consensus Estimate for Wyndham Hotels' earnings in 2025 is projected at $4.82 per share, reflecting an expected increase of 11.32% from the previous year [5] Investment Considerations - Dividends are favored by investors for various reasons, including tax advantages and risk reduction in portfolios [6] - WH is considered a compelling investment opportunity due to its strong dividend performance and current Zacks Rank of 3 (Hold) [7]
WYNDHAM HOTELS & RESORTS TO REPORT FIRST QUARTER 2025 EARNINGS ON APRIL 30, 2025
Prnewswire· 2025-04-02 10:30
Will Host Conference Call and Webcast on May 1, 2025 at 8:30 a.m. ETPARSIPPANY, N.J., April 2, 2025 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) announced today that it will report first quarter 2025 results on Wednesday, April 30, 2025 at approximately 4:30 p.m. ET.  Geoff Ballotti, president and chief executive officer, and Michele Allen, chief financial officer and head of strategy, will host a call with investors on May 1, 2025 at 8:30 a.m. ET to discuss the Company's results and business outlook ...
Big Rigs, Bigger Rewards: Wyndham Helps Truckers Recharge with Extra Points and Perks
Prnewswire· 2025-03-27 12:00
Regulations require truckers in the United States and Canada, of which there are nearly 4 million, to get 34 or 36 hours of rest, respectively, to reset their weekly driving limits. When it's time to rest, they need more than just a place to sleep—they need comfort, convenience and value. That's where Recharge with Wyndham comes in. Through the initiative, truckers can earn double Wyndham Rewards points on every qualified stay—enough for up to two free nights annually —along with Wyndham Rewards Gold level ...
Set Sail for Fun: Wyndham Rewards Now Offers Points and Special Discounts on Carnival Cruise Line Bookings
Prnewswire· 2025-03-26 12:00
With the new offering, travelers can do more than just book their cruise, they can bundle everything they need for a stress-free vacation. From flights and pre-cruise hotel stays to rental cars, excursions, and even post-cruise getaways, Wyndham Travel Bundles allows members to customize their entire journey, all in one place. And with every qualifying reservation earning Wyndham Reward points, members can turn their cruise into a reward-packed adventure. "Carnival is the world's most popular cruise line, a ...
Wyndham Hotels: Enjoying Numerous Long-Term Growth Drivers
Seeking Alpha· 2025-03-21 11:52
With economic concerns once again front and center, hotel stocks have got off to a shaky start to 2025. Against that backdrop, shares of Wyndham Hotels & Resorts (NYSE: WH ) have been somewhereI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names on 'The UK Income Investor'.Analyst’s ...