Wyndham Hotel Group has entered into an
agreement with Brazilian real estate company EmCorp to launch the
Super 8 and Wyndham Garden brand offerings in Brazil.
The agreement calls for 3,000 guest rooms
to be developed in the country through 2014.
Currently, six deals have been finalized
to open Super 8 hotels in Congonhas do Campo, Sete Lagoas, Betim,
Lagoa Santa and Pouso Alegre with additional agreements
anticipated to be executed this year.
Senior Vice President
and Managing Director Daniel del Olmo said, “Our team is committed
to executing upon our company’s strategy to develop and grow
Wyndham Hotel Group brands in this thriving region, including
rapidly growing markets like Brazil, Argentina, Peru, Colombia and
Mexico. We’re doing so by regularly engaging with leading
developers and owners, hotel companies and other key constituents,
as these relationships will play a significant role in expanding
our hotel offerings to travelers looking for additional lodging
options.”
Wyndham Hotel Group currently has 88 properties in 13 countries
throughout Latin America, including 13 hotels already open and
operating in Brazil under the Ramada, Howard Johnson and TRYP by
Wyndham brands.
EmCorp is a real estate development
company that is privately held by BRIZ, a Brazilian holding
company, working in association with Construir of Grupo Orguel and
CAC Engenharia to plan, develop and build hotels in Brazil.
Dan
Fonseca, chairman of BRIZ, said the Brazilian market is ready for
a hotel product like Super 8. “Investments are moving
inland in Brazil, with new plants and factories, as well as oil
and ore exploration. However, there is a lack of infrastructure of
hotels in mid-sized cities in Brazil to support this movement,”
said Fonseca. “We are experiencing now the same process seen in
the United States in the 1970s and 1980s and Super 8 is the
perfect flag to fill this gap.”
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