LIMA, PERU—From the South American Hotel Investment Conference here, Wyndham Hotel Group revealed that its Latin America and Caribbean portfolio has experienced accelerated growth through June 2015. The company, which has a 114-hotel pipeline in the region, celebrated the addition of 18 new properties and more than 1,900 rooms during the first half of the year.
“Responding to robust demand across key destinations, Latin America and the Caribbean represent an enormous opportunity to continue strengthening our global footprint,” said Paulo Pena, president and managing director for Wyndham Hotel Group in Latin America and the Caribbean. “This unprecedented expansion is a clear testament of the commitment that we and our solid partners have in providing Wyndham-quality hotels and services to our business and leisure guests throughout the region.”
The company’s presence in Latin America and the Caribbean has grown this year to 146 hotels led by openings in Brazil and Peru and under the Wyndham Hotels and Resorts and TRYP by Wyndham brands. More than 17,000 rooms now represent the company’s portfolio in the region across 17 countries and territories.
New hotel brands in the region include the debut in Mexico of the TRYP by Wyndham Mexico City World Trade Center, and the first airport TRYP by Wyndham within São Paulo’s Guarulhos International Airport in Brazil.
New construction also fueled growth in the region including the Wyndham Garden Barranquilla, the company’s 13th property in Colombia; Ramada Hotel & Suites Campos dos Goytacazes, which represents the fifth Ramada in Brazil; as well as Wyndham Costa del Sol Lima, the eighth hotel to open in Peru under the company’s upscale Wyndham Hotel and Resorts brand.
Among some of the most relevant upcoming openings this year and recently executed agreements are the Ramada Encore Lima in Peru and TRYP by Wyndham Montevideo in Uruguay.
The pipeline in the region at the mid-year mark includes 114 hotels with more than 10,800 rooms resulting in a projected room-inventory growth of more than 60%. A highlight of the expansion in Latin America is soon-to-open Wyndham Quito Grand Condor in Ecuador, which features a design inspired by the condor, a symbol of Ecuador’s heritage. The TRYP by Wyndham Isla Verde will make its inaugural entry in Puerto Rico later this year, and Howard Johnson is on track to open its 34th hotel in Neuquén, Argentina.