Wyndham Hotels set to enter branded residences segment in India
Real Estate

Wyndham Hotels set to enter branded residences segment in India

Wyndham Hotels will bring branded residences to India soon and will initially enter with a “single-digit” number in metro cities. The company, which has over 60-plus hotels in India and plans to reach its 100th by 2025, also aims to enter the branded residences segment in India.  Brand...

Wyndham Hotels will bring branded residences to India soon and will initially enter with a “single-digit” number in metro cities. The company, which has over 60-plus hotels in India and plans to reach its 100th by 2025, also aims to enter the branded residences segment in India.  Branded residences are a partnership between a brand (often a hotel operator) and a developer. The brand provides its services and hospitality at the apartment. These houses are usually occupied by expats and top executives. Initially, the company’s focus will be on high-population cities like Bengaluru, Mumbai, and Delhi but it is also considering tier-2 cities. In Europe, the company has about 10-12 properties apart from Wyndham, Wyndham Grand and Ramada residences. Brands like IHCL and Four Seasons are already present in the branded residences space in India.

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