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Wyndham Signs Seven Hotels in Peru

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Wyndham has signed a franchise agreement with Costa del Sol to open 1,000 rooms across seven Wyndham Hotels and Resorts-branded properties that will open within the next year in key destinations across 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.

Perus 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, said 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 be celebrating its 20th anniversary doing business in the country. Upon completion 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.

Mario Moustafa, chairman of Hoteles Costa del Sol, said, We believe in Perus potential as a cultural, gastronomic, adventure and beach tourism destination in Latin America and are ready to increase our presence in the country through the Wyndham Hotels and Resorts brand to provide our guests with quality service and an internationally recognized hotel experience.

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