Hospitality Giant Reports Double-Digit Growth in Revenue Per Room
New Delhi: Wyndham Hotels & Resorts, one of the world’s largest hotel chains, has reported a sharp rise in demand for its properties in India, driven by a post-pandemic revival in the tourism and hospitality industry. The company’s latest report indicates a double-digit increase in revenue per room (RevPAR), reflecting strong consumer confidence and growing travel activity.
India’s hospitality sector has been witnessing a surge in both domestic and international travel, with the government pushing for infrastructure improvements and tourism-friendly policies. Wyndham’s expansion strategy aligns with India’s increasing focus on developing premium and budget accommodations to cater to a wide range of travelers.
“We are seeing an unprecedented growth trajectory in India,” said a senior executive at Wyndham Hotels & Resorts. “The rising middle class, improving business environment, and growing travel aspirations are fueling demand for quality accommodation.”
The company is now looking to expand its footprint in tier-2 and tier-3 cities, recognizing the untapped potential in these markets. Experts believe that with India’s sustained economic growth and increasing global tourism appeal, international hotel brands like Wyndham will continue to thrive in the country.