Wyndham Hotel Group, the world's largest hotel company with over 7,260 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the signing of an exclusive development agreement for the Days Inn® brand in Saudi Arabia with Riyada International Hotels and Resorts, currently the master franchisee for Ramada® hotels in the Kingdom.
The signing of the exclusive development agreement for 10 hotels was recently announced at the headquarters of the prestigious Saudi Commission of Tourism and Antiquities in Riyadh. Invited guests heard how development of the Days Inn portfolio in Saudi Arabia will be spread over the next seven years.
Rui Barros, Wyndham Hotel Group's senior vice president and managing director for Europe, Middle East and Africa said, "We are delighted to expand our relationship with Riyada International Hotels and Resorts through this deal to launch and grow the Days Inn brand, our largest brand globally with 147,224 rooms, in Saudi Arabia. This brand has exceptional growth potential in this market as it is perfectly suited to the growing number of travelers seeking comfort and quality accommodation without a mid-market or upscale price tag."