Wyndham Hotels & Resorts
Wyndham Hotels & Resorts
Wyndham Hotels & Resorts
The hospitality group grew in a short amount of time compared to other hospitality
giants around the world. It describes itself as the world’s largest hotel franchising
company in the world, with about 9000 hotels across about 95 countries on 6 continents.
With nearly 40 years of experience, Wyndham Hotel Group (WHG) has built a system
of 828,000 luxury rooms around the world attracting tourists every day.
In recent years, Wyndham Hotels & Resorts has always entered the top of the
world's most valuable customer brands alongside well-known, long-standing brands
such as Accor, Hilton, Marriott, Intercontinental...
The company’s history dates not too far back into the early 1980s, starting with
Wyndham Hotels. Wyndham Hotel Corporation was founded in 1981 by Trammell
Crow, the former president of Trammell Crow Company (TCC), a real estate
development, investment, and property management company.
2.1. History of formation and development
a) Background (1990–2006)
The company's origins can be traced to the founding of Hospitality Franchise
Systems (HFS) in 1990, created as a vehicle to acquire hotel franchises. By 1995, it had
acquired the Days Inn, Howard Johnson, Ramada, and Super 8 brands. HFS then
expanded into other businesses, and, in 1997, merged with CUC International to form
Cendant Corporation.
In 2005, Cendant bought the Wyndham hotel
brand from the Blackstone Group. The Wyndham
hotel brand was created in 1981 in Dallas, Texas,
by Trammell Crow, the president of Trammell
Crow Company. As the chain grew, it was
acquired in 1998 by Patriot American Hospitality,
later called Wyndham International. Blackstone
had bought Wyndham International earlier in
2005.
In 2006, as part of a plan to break Cendant up
into four separate companies, its hotel and
timeshare businesses were spun off as Wyndham
Worldwide. Fred Trammell Crow
(1914 - 2009)
- Founder of Wyndham Hotel Co.