Wyndham Hotels & Resorts has signed a development agreement with NILE Hospitality to introduce Microtel by Wyndham brand to India. The company anticipates opening 40 Microtel hotels by 2031, all of which will be direct franchisees of Wyndham.
Wyndham's agreement with NILE will see development of the brand in key Tier II, III and IV cities, with the first hotels opening in 2025. Each will have a minimum of 50 keys and feature meeting and social spaces, gyms and other facilities.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.