Founded in 1981, Wyndham has been around now for almost three decades. After 29 years of catering to the needs (comfort and pleasure) of its customers, they are now on a new venture realizing the new demand of hotel rooms. Even though we are still in the economic recession, the hotel industry has been doing much better those past few months. This is why “Wyndham” took interest into investing into a new hotel called TRYP in midtown Manhattan that plans to open its doors in April 2011.
Last week, I interviewed a Human Resource Specialist from the Ritz Carlton who mentioned her company’s rapid recovery after the industry’s big hit. Hearing it from someone working on the actual field makes it sound more realistic. Therefore, I can now clearly state my opinion on Wyndham’s investment plans in NYC. I believe that they are taking a good step since not only there now exist a greater demand for hotel rooms, millions of Europeans visit Times Square every year. Already being well known in Europe, Wyndham are more likely to attract the majority of those Europeans over any other American hotel chains.
http://intransit.blogs.nytimes.com/2010/11/16/wyndham-plans-tryp-hotel-in-new-york/?scp=1&sq=hotel&st=cse
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