Wyndham Hotels expands in South Korea

Article Excerpt

South Korea’s increasing demand for business and leisure travel in South Korea comes amidst the government’s focus on furthering the tourism sector. In 2023, the country welcomed 11 million inbound visitors—showing a significant recovery post-pandemic. WYNDHAM HOTELS & RESORTS, $78.84, is a #1 Power Buy for 2024. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 79.0 million; Market cap: $6.2 billion; Dividend yield: 1.9%) has officially introduced its Trademark Collection brand to South Korea with the opening of La Vie D’or Hotel and Resort, Trademark Collection by Wyndham. The new hotel expands Wyndham’s presence in South Korea to over 30 hotels and joins nearly 20 Trademark hotels across Asia Pacific. La Vie D’or Hotel and Resort aims to offer a unique blend of comfort and tranquility amidst the tourism and transportation hub of Hwaseong-si. Guests can golf at the resort’s nine-hole course, indulge in fine dining, visit attractions like the Yungneung and Geolleung Royal Tombs and Yongjusa Temple or take a short…