KUALA LUMPUR: Hotel management and consulting company, Hospitality 360 Sdn Bhd has inked a strategic partnership with Wyndham Hotels and Resorts (Wyndham) to expand their portfolio of hotels, resorts, and serviced apartments nationwide.
Under the terms of their partnership agreement, H360 will deliver at least 15 hotels signed as franchises under various Wyndham-owned brands over the next six years.
The memorandum of understandings (MoUs) was 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, which totalled more than 2,000 rooms, will commence in phases starting in 2023 and is expected to complete by 2027.
Hospitality 360 group chief executive officer Datuk Indera Naresh Mohan said it is an exciting time for the company as it expands its hotel management portfolio to more locations in Malaysia.
"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," he said.
Hospitality 360 also has other hotel properties in the pipeline, namely Wyndham Grand TRX KL with more than 190 rooms, developed by Core Precious Development Sdn Bhd, which is due to complete by the fourth quarter (Q4) of 2023, and the newly built Ramada by Wyndham The Straits Johor Bahru with more than 190 rooms which will be operational by Q1 2023.
The company aims to achieve a portfolio of approximately 5000 rooms all over Malaysia by 2027.
Wyndham Southeast Asia and Pacific vice president of development Matt Holmes said the company could grow its operational presence in Malaysia through the strategic agreement with Hospitality 360.
"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 the 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," he added.