World’s largest hotel franchisor celebrates significant anniversary
Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, has celebrated five years as a publicly traded, pure-play hotel company. Grounded in its mission of making hotel travel possible for all, with a strong owner-first approach to franchising, the anniversary marks a major milestone for the company as it strengthens its position as a select service leader and champion of the everyday traveler.
“The last five years have been monumental as we’ve welcomed, launched and integrated five entirely new brands, bringing our portfolio to 24 globally,” said Geoff Ballotti, President and CEO, Wyndham Hotels & Resorts. “We’ve also expanded into over 55 new countries while debuting our brands more than 100 times in countries where they’ve never been before, all while nurturing a record development pipeline of over 1,800 hotels, which continues to see positive growth. Through it all, we’ve proven ourselves as a company dedicated to the long-term success of our franchisees, team members and shareholders, the latter of whom have seen over $1.5 billion returned to them in the form of dividends and share repurchases. As proud as we are of all we have accomplished, we’re even more excited about our future, which has never looked brighter.”