Core Insights - Wyndham Hotels & Resorts has partnered with Cygnett, an Indian hospitality group, to address the increasing travel demand in India, where domestic travel spending reached USD 186 billion last year and is expected to grow by 12% annually [1][2] Group 1: Partnership and Growth Strategy - The partnership marks a significant step in Wyndham's growth strategy in Eurasia, with India identified as a key strategic market [2] - Wyndham and Cygnett have signed a 10-year exclusive development agreement to introduce La Quinta by Wyndham across India, Nepal, Sri Lanka, and Bangladesh, with plans to open over 50 hotels by the end of 2026 [3] - The La Quinta brand is recognized for its modern amenities and value, catering to both business and leisure travelers in the upper midscale segment [3] Group 2: Luxury Offerings - In addition to La Quinta, Wyndham and Cygnett will introduce Registry Collection Hotels in India through a non-exclusive 10-year agreement for 10 hotels, co-branded under Cygnett's luxury brand Anamore [4] - The first Registry Collection hotel is expected to open as early as 2026, focusing on delivering unique boutique and luxury experiences [4] Group 3: Market Position and Resources - Wyndham currently operates over 70 hotels in India, Nepal, Sri Lanka, and Bangladesh, including well-known brands like Ramada and Howard Johnson [6] - The company has invested nearly USD 350 million in innovative technology since 2018, providing franchisees with access to advanced property management systems and a member base of over 115 million Wyndham Rewards members globally [5]

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]