Investment Firm Commits $50 Million to Expand Super 8 Hotels in China

Wyndham Hotel Group, a subsidiary of Wyndham Worldwide Corporation , of Parsippany, N.J., today announced that Aetos Capital, LP has committed to invest up to $50 million in Tian Rui Hotel Corporation, master franchisor of the Super 8(R) brand in China, to accelerate its hotel development efforts. Wyndham Hotel Group's Super 8 brand, one of the largest economy hotel chains in the world, was introduced to China in 2004. Tian Rui Hotel Corporation has opened 49 Super 8 hotels in China, representing more than 4,700 rooms, and has signed agreements to develop an additional 67 hotels. The Super 8 brand already is among the largest economy chains in China.