Wyndham Hotel Group will expand its presence in Romania after signing a strategic agreement with a group already present in Bucharest, a press release informed since last year.
Thus, world’s largest hotel company inked a deal with Zeus International to develop 20 hotels through conversions or new construction within the next 10 years in Greece, Cyprus, Bulgaria and Romania.
Geoff Ballotti, President and CEO of Wyndham Hotel Group, stated: “Our new development partnership with Zeus International builds on the success we’ve had with the introduction of Wyndham Grand Athens ensuring more of our brands become ubiquitous across Greece. In addition, the hotel management expertise Zeus has in key markets across Eastern Europe will help us grow the presence of our brands in Romania, Bulgaria and Cyprus.”
The first hotels opened under the deal were the 108-room Wyndham Loutraki Poseidon Resort and the 207-room Ramada Loutraki Poseidon Resort, which opened last year. The next properties slated to open in 2018 are the 130-room Wyndham Garden Attica Riviera and the 352-room Ramada Plaza Attica Riviera. Wyndham and Zeus International initially partnered to open the Wyndham Grand Athens in December 2016 prior to signing their recent agreement.
In Romania, the company is present with 3 hotels: Opera, Venezia and Central, all located downtown Bucharest. These units may also soon join one of the brands in the Wyndham portfolio: Dolce, Ramada, Wyndham Grand, Wyndham Gardenn, Days Inn and Tryp.
Wyndham Hotel Group is the world’s largest hotel company based on number of hotels and one of three hospitality business units of Wyndham Worldwide, encompassing approximately 8,000 hotels and more than 600,000 rooms in 66 countries under fifteen hotel brands. In Romania, the Wyndham group is present with 9 hotels.