Benzinga | Dec 17, 2021 10:46AM EST

Wyndham Signs Multi-Hotel Agreement With Ceres Development

* Wyndham Hotels & Resorts Inc (NYSE:WH) has signed an agreement with Ceres Development for three new Wyndham hotels, two in Indiana and one in Ohio.

* Wyndham Noblesville in Indiana is a 132-suite hotel with more than 3,000 square feet of meeting space. Wyndham Westfield, located 22 miles north of downtown Indianapolis, provides access to the nearby 400-acre Grand Park Sports Campus, Pacers Athletic Center, and Clay Terrace shopping center.

* Wyndham Avon in Ohio is a 113-suite hotel, steps away from various restaurants and shopping at Avon Commons Shopping Center and Crocker Park.

* "We are so excited to partner with Ceres Development on these three exceptional hotels in key midwestern markets," said Chip Ohlsson, Chief Development Officer, Wyndham Hotels & Resorts.

* Price Action: WH shares are trading higher by 0.16% at $80.09 on the last check Friday.