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Wyndham Hotels & Resorts, the world's largest hotel franchising company with 9,300 hotels across approximately 90 countries, today unveiled plans to open its first hotels in Nepal and Bhutan, while also announcing the recent opening of the Hawthorn Suites® by Wyndham Dwarka—the first Hawthorn Suites by Wyndham hotel in India.
Moody's Investors Service, ("Moody's") has today confirmed the corporate family rating (CFR) of B3 and probability of default rating (PDR) of B3-PD assigned to Compass III Limited ("Awaze"), a leading European manager of holiday rentals. Concurrently, Moody's has confirmed the B2 rating on the senior secured facilities and the Caa2 rating on the second lien loan issued by Awaze Limited. A full list of affected ratings and entities can be found at the end of this press release.
Q1 2020 Wyndham Destinations Inc Earnings Call