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Stock impact report

Wyndham Enhances Position in South Korea with First Managed Hotel Opening [Yahoo! Finance]

Wyndham Hotels & Resorts, Inc. (WH) 
Last wyndham hotels & resorts, inc. earnings: 2/13 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
expansion in South Korea, opening its first managed hotel and adding two new development projects as it seeks to build scale in a market rebounding faster than much of Northeast Asia. The company recently opened the 529-room Wyndham Goseong Gangwon, near Seoraksan National Park, and has signed agreements for Howard Johnson by Wyndham Seoul, expected to open in 2028, and Wyndham Busan, slated for 2030. Wyndham's expansion comes as South Korea's tourism sector continues to rebound, supported by resilient domestic travel and a steady recovery in international arrivals. According to the Korea Tourism Organization, the country recorded 15.821 million inbound visitors between January and October, a 15.2% increase from a year earlier. Industry executives expect international demand to continue improving into 2025, supporting increased investment in branded accommodation across urban and resort markets. "South Korea's booming tourism market presents a compelling opportunity for Wyndham, Show less Read more
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