Wyndham temporarily closed 70% of its hotels in China due to coronavirus

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Wyndham Hotels has temporarily closed approximately 1,000, or 70%, of its 1,500 hotels in China in response to the coronavirus outbreak, Wyndham CEO Geoff Ballotti said on an earnings call with investors on Thursday. 

“The majority of the closures resulted from our owners and franchisees doing everything they could to protect their team members and prevent the spread of the virus,” Balotti said. 

Wyndham hotels in China that have remained open are experiencing occupancy declines of up to 75%, according to Balotti. “We expect this to continue through at least the end of March,” he said

Read more : Business Insider

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