Wyndham Hotels Adds Five New Microtel Inn & Suites In Oregon

by Shivani Kumaresan, Benzinga Staff Writer

November 8, 2021 2:45 PM | 1 min read

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Wyndham Hotels & Resorts Inc (NYSE: WH) has signed an agreement with developer Matt Braun of Braun Hospitality LLC for five new Microtel Inn & Suites by Wyndham hotels in Oregon.
The hotels will join about 300 Microtel hotels across the U.S. and over 80 Microtel properties in the company's U.S. pipeline.
The agreement will provide new Microtel Inn & Suites in Florence, Ashland, Salem, Bend, and Hood River.
Braun Hospitality will provide the development oversight and expertise for the planning, design, entitlement, and construction management of the five new properties.
Price Action: WH shares are trading lower by 1.76% at $85.41 on the last check Monday.

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