Friday, February 6, 2015

Wyndham Hotel Group Acquires Dolce Hotels and Resorts


Geoff Ballotti
PARSIPPANY, NJ – Wyndham Hotel Group, a subsidiary of Wyndham Worldwide (NYSE: WYN), announced it has acquired Dolce Hotels and Resorts, a leading provider and manager of group accommodations with a portfolio of 24 properties and over 5,500 guestrooms across seven countries in Europe and North America, for $57 million in cash.
  
“Dolce is a terrific strategic fit for us,” said Geoff Ballotti, president and CEO, Wyndham Hotel Group.

 “With over three decades of established brand equity, Dolce is a respected leader in the group space with outstanding destination properties and some of the best meeting product offerings available in the market today.

“ In addition, Dolce has a long, successful history of award-winning innovation in conference planning and management.

“We look forward to continuing the growth of the Dolce brand and leveraging these Dolce attributes across the Wyndham global system while enhancing the Dolce owner and guest experience.”

For a complete copy of the company’s news release, please contact:

Michael Valentino
Vice President, Marketing and Communications
Wyndham Worldwide Corporation
+1 (973) 753-8372

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