Wyndham partners with Cygnett to add 60 hotels across South Asia

DELHI - Wyndham Hotels & Resorts (NYSE:WH) announced Monday a strategic alliance with India’s Cygnett Hotels & Resorts to introduce its La Quinta and Registry Collection Hotels brands to India and surrounding countries.

The 10-year partnership aims to add more than 60 properties across India, Bangladesh, Sri Lanka, and Nepal, with the first locations expected to open by the end of 2026.

Under the agreement, Wyndham and Cygnett plan to develop over 50 La Quinta by Wyndham hotels through an exclusive arrangement. Additionally, the companies will introduce Registry Collection Hotels in India through a non-exclusive development agreement for 10 properties, which will be co-branded with Cygnett’s luxury brand Anamore.

"This partnership is the next chapter in Wyndham’s Eurasia growth story, with India as a key strategic market that we’ve grown alongside for decades," said Dimitris Manikis, President EMEA, Wyndham Hotels & Resorts.

The expansion comes as domestic travel spending in India reached $186 billion last year, with leisure travel spending projected to grow 12% annually, according to information provided in the company’s statement.

Wyndham currently operates more than 70 hotels across the region under brands including Ramada by Wyndham, Howard Johnson by Wyndham, and Wyndham Garden.

Sarbendra Sarkar, Founder & Managing Director of Cygnett Hotels & Resorts, said the partnership provides "the scale, global recognition, and brand strength to expand rapidly and deliver outstanding value to our owners and guests."

The development is part of Wyndham’s broader strategy to meet increasing travel demand in India, which the company attributes to rising infrastructure investment, middle-class growth, and accelerated tourism.

This announcement is based on a press release statement from Wyndham Hotels & Resorts.

In other recent news, Travel + Leisure Co. declared a quarterly cash dividend of $0.56 per share, which will be paid on June 30, 2025, to shareholders of record as of June 13, 2025. The company also announced the results of its 2025 Annual Meeting, where shareholders elected directors and approved executive compensation and the appointment of Deloitte & Touche LLP as the independent registered public accounting firm. Meanwhile, Stifel maintained its Buy rating on Travel + Leisure stock, adjusting its earnings per share estimates for the coming years but keeping EBITDA forecasts unchanged, indicating a stable operational performance outlook.

Wyndham Hotels & Resorts, on the other hand, introduced several initiatives at its 2025 Global Conference to enhance hotel owner success and improve guest experiences. These include the AI-enhanced Wyndham Connect PLUS platform for guest engagement and the Wyndham Gateway Wi-Fi portal for a streamlined login experience. Additionally, Wyndham announced the expansion of its Cloud Payments Interface with Elavon to over 6,000 franchisees, offering scalable payment services and advanced security features. These developments reflect the company’s ongoing efforts to leverage technology and partnerships to improve operations and guest satisfaction.

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