Wyndham Hotel Group has signed a franchise agreement with local partner Costa del Sol to open 1,000 rooms across seven Wyndham Hotels and Resorts branded properties, which will open within the next year in Peru.
The agreement includes the conversion of six properties, located in Tumbes, Chiclayo, Lima Airport, Trujillo, Cajamarca, and Piura, to the Wyndham Hotels and Resorts brand as well as the construction of a new 144-room property in Lima.
“Peru’s economy and tourism industry has been growing steadily in recent years, creating more demand for hotels and offering an ideal setting for our brands to expand,” says Paulo Pena, president and managing director of Latin America and the Caribbean for Wyndham Hotel Group. “This deal with Costa del Sol represents our commitment to continue to grow our portfolio in key markets throughout Latin America to benefit our solid base of loyal guests who recognize the value of our global hotel brands.”
Next year, Costa del Sol will celebrate its 20th anniversary doing business in the country. Upon execution of this agreement, it will own and operate eight properties under Wyndham Hotel Group brands in Peru: one Ramada hotel currently operating in the city of Cusco and the seven Wyndham Hotels and Resorts properties that are part of the newly signed deal.