Hospitality 360 Expands Hotel Management Portfolio
2022年12月5日 - 07:00PM
JCN Newswire
Hospitality 360 Sdn Bhd (H360), a Malaysian hotel management and
consulting company, is pleased to announce the signing of a
strategic partnership with Wyndham Hotels and Resorts to expand
their portfolio of hotels, resorts, and serviced apartments across
Malaysia.
As H360 and Wyndham memorialize their common objective to continue
their commercial dealings and deepen their business relations, we
are witnessing the beginning of a new chapter in their illustrious
partnership. Under the terms of their partnership agreement, H360
will deliver at least 15 hotels signed as franchises under various
Wyndham-owned brands over the course of the next six years.
To mark this illustrious partnership, there were several Memorandum
of Understandings (MoUs) and agreements for H360 to manage, under
various Wyndham brands, 4 hotels and luxury serviced apartments in
Sabah.
The MoUs were signed between Wyndham and the developers of the
hotel properties, namely, Jesselton Newcity Development Sdn. Bhd;
and Sumbangan Aru KK Sdn. Bhd; for the properties that will in turn
be managed as Wyndham Grand, Dolce by Wyndham, and Ramada by
Wyndham brands. Construction of these hotels, totalling more than
2000 rooms will commence in phases starting in 2023 and is expected
to complete by 2027.
In addition to the pipeline of current signings, H360 through the
newly announced strategic partnership with Wyndham also has other
hotel properties in the pipeline. They are namely our future
flagship property, the Wyndham Grand TRX KL with more than 190
rooms, developed by Core Precious Development Sdn Bhd in which the
construction is underway and due to complete by Q4 2023; and the
newly built Ramada by Wyndham The Straits Johor Bahru with more
than 190 rooms which will be operational by Q1 2023.
Furthermore, the under construction, 85 rooms luxury serviced
apartment project Isola KLCC, developed by OCR Berhad, the 152
rooms Shahzan Kuantan in Pahang, the 204 rooms Trinidad Suites
Puteri Harbour in Johor and three more properties namely the 88
rooms Lisbon Melaka, the 158 rooms Trigo Kuala Lumpur, and the 90
rooms Shahzan Frasers Hill are all expected to sign to Wyndham's
Trademark Collection brand.
Looking ahead and through the various agreements, we target to
achieve a portfolio of approximately 5000 rooms all over Malaysia
by 2027.
Group Chief Executive Officer of Hospitality 360 Sdn Bhd, Dato'
Indera Naresh Mohan said, "This is an exciting time for us as we
expand our hotel management portfolio to more locations around the
country. The properties we will manage are targeted at different
segments of the market, from leisure travellers and families to
business travellers. We are looking forward to working with Wyndham
to ensure all our guests get a full and holistic experience in our
managed properties."
Vice President of Development, South East Asia & Pacific for
Wyndham, Matt Holmes said, "By signing this strategic agreement
with Hospitality 360 Sdn. Bhd, we continue to grow our operational
presence in Malaysia. This move will position Wyndham strongly to
tap on the exponential rise in travel demand which has accelerated
since early 2022 as borders reopen across key markets in Asia
Pacific. Looking ahead towards the future, we are excited and happy
to strengthen the partnership with Hospitality 360 in Malaysia and
deliver our iconic 'Count on Me' service to our business and
leisure guests."
Hospitality 360 Sdn Bhd: http://hospitality360.my/
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