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Stock impact report

Wyndham expands operations in South Korea with new properties [Yahoo! Finance]

Travel Leisure Co. Common Stock (TNL) 
Company Research Source: Yahoo! Finance
The company has opened the Wyndham Goseong Gangwon, a 529-room hotel located near Seoraksan National Park. Additionally, Wyndham Hotels has finalised agreements for the development of Howard Johnson by Wyndham Seoul, which is projected to start operations in 2028, along with Wyndham Busan, expected to open in 2030. Wyndham Hotels & Resorts APAC operations regional vice-president Ben Schumacher said: "South Korea's booming tourism market presents a compelling opportunity for Wyndham, which is why we're focused on strategic expansion and strengthening our presence through high-calibre additions like Wyndham Goseong, Gangwon. "With global scale, an industry-leading loyalty platform, and deep local expertise, Wyndham has a proven record of helping owners not only drive performance, but generate long-term value while delivering exceptional guest experiences." The hotel, located near Bongpo Beach and Seoraksan National Park, is intended to accommodate leisure tourists, families, an Show less Read more
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