The acquisition has allowed Wyndham to expand its managed portfolio by nearly 40%, as Dolce Hotels and Resorts has a portfolio of 24 properties across seven countries in Europe and North America.
Wyndham Hotel Group intends to maintain the Dolce brand and its signature service, technology and food-and-beverage products as part of its existing portfolio of brands.
Geoff Ballotti, president and CEO of the Wyndham Hotel Group, said: "Dolce is a terrific strategic fit for us. With over three decades of established brand equity, it is a respected leader in the group space with outstanding destination properties and some of the best meeting product offerings available in the market today. In addition, Dolce has a long, successful history of award-winning innovation in conference planning and management."
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