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Wyndham and Lafayette Square Unlock New Financing Opportunities for Diverse Hotel Owners

PR Newswire ·  Nov 14, 2024 09:30

Lafayette Square targeting up to $100 million of its balance sheet to finance qualified Wyndham franchisees; executes first deal with Dr. Amina James for first Wyndham in Lake Charles, La.

PARSIPPANY, N.J., Nov. 14, 2024 /PRNewswire/ -- Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to provide diverse hoteliers with improved access to capital. Through an exclusive relationship, Wyndham will vet and directly connect qualified owners with Lafayette Square, which aims to help hoteliers with up to $100 million in combined financing from the firm over the coming years. While not all hoteliers will qualify, viable candidates can use the funds to move forward projects that would otherwise stall due to lack of traditional financing.

Wyndham is strengthening its BOLD and Women Own the Room initiatives, leveraging an exclusive relationship with Lafayette Square to help diverse owners unlock improved access to capital. Above, Wyndham Lake Charles, owned by BOLD member, Amina James.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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