Wyndham Hotels & Resorts (WH) said Wednesday it signed a development deal with Le Park Concord to open 100 Super 8 by Wyndham hotels in Saudi Arabia over the next 10 years.
Financial terms were not disclosed.
Under the terms, the companies intend to open the first Super 8 hotel next year, Wyndham said.
Wyndham shares were almost 1% higher in recent premarket activity.
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