Hospitality 360 Sdn Bhd (“H360”), a Malaysian hotel management and consultancy firm, is happy to announce a strategic agreement with Wyndham Hotels and Resorts (“Wyndham”) to extend their portfolio of Malaysian hotels, resorts, and serviced apartments.
As H360 and Wyndham commemorate their joint goal of continuing commercial interactions and deepening business partnerships, they are seeing the beginning of a new chapter in their famous cooperation. Under the terms of their cooperation agreement, H360 will provide at least 15 hotels signed as franchises under various Wyndham-owned brands over the following six years.
To commemorate this distinguished cooperation, many Memorandums of Understanding (MoUs) and agreements were signed for H360 to operate four hotels and luxury serviced apartments in Sabah under various Wyndham brands.
The MoUs were signed between Wyndham and the hotel property developers, Jesselton Newcity Development Sdn. Bhd. and Sumbangan Aru KK Sdn. Bhd., for the hotels that would be operated under the Wyndham Grand, Dolce by Wyndham, and Ramada by Wyndham brands. The construction of these hotels, totaling over 2000 rooms, will begin in stages in 2023 and is projected to be completed by 2027.
In addition to the existing agreements, H360 has further hotel assets in the pipeline thanks to the recently announced strategic relationship with Wyndham. They are our future flagship property, the Wyndham Grand TRX KL with more than 190 rooms, constructed by Core Precious Development Sdn Bhd and scheduled to open in Q4 2023; and the recently built Ramada by Wyndham The Straits Johor Bahru with more than 190 rooms, scheduled to open in Q1 2023.
Furthermore, OCR Berhad’s 85-room luxury serviced apartment project Isola KLCC, the 152-room Shahzan Kuantan in Pahang, the 204-room Trinidad Suites Puteri Harbour in Johor, and three more properties, the 88-room Lisbon Melaka, the 158-room Trigo Kuala Lumpur, and the 90-room Shahzan Frasers Hill, are all expected to sign to Wyndham’s Trademark Collection brand.
The goal of the different agreements is to build a portfolio of about 5000 rooms throughout Malaysia by 2027.
Group Chief Executive Officer of Hospitality 360 Sdn Bhd, Dato’ Indera Naresh Mohan said, “This is an exciting time for us as we expand our hotel management portfolio to more locations around the country. The properties we will manage are targeted at different segments of the market, from leisure travellers and families to business travellers. We are looking forward to working with Wyndham to ensure all our guests get a full and holistic experience in our managed properties.”
Vice President of Development, South East Asia & Pacific for Wyndham, Matt Holmes said, “By signing this strategic agreement with Hospitality 360 Sdn. Bhd, we continue to grow our operational presence in Malaysia. This move will position Wyndham strongly to tap on the exponential rise in travel demand which has accelerated since early 2022 as borders reopen across key markets in Asia Pacific. Looking ahead towards the future, we are excited and happy to strengthen the partnership with Hospitality 360 in Malaysia and deliver our iconic ‘Count on Me’ service to our business and leisure guests.”