Wyndham and Lafayette Square Unlock New Financing Opportunities for Diverse Hotel Owners [Yahoo! Finance]
Wyndham Hotels & Resorts, Inc. (WH)
Last wyndham hotels & resorts, inc. earnings: 2/13 06:30 am
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Source: Yahoo! Finance
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. Lafayette Square's investment strategy addresses a critical issue diverse hoteliers face when it comes to access to capital and is the latest component of Wyndham's BOLD (Black Owners and Lodging Developers) and Women Own the Room initiatives, which aim to bolster hotel ownership by Black and women entrepreneurs by addressing the unique challenges faced by each commu
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- Wyndham Hotels & Resorts, Inc. (NYSE: WH) had its price target raised by analysts at Barclays PLC from $100.00 to $115.00. They now have an "overweight" rating on the stock.MarketBeat
- Wyndham Hotels & Resorts, Inc. (NYSE: WH) had its price target raised by analysts at JPMorgan Chase & Co. from $99.00 to $113.00. They now have an "overweight" rating on the stock.MarketBeat
WH
Earnings
- 10/23/24 - Beat
WH
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/17/24 - Form 144
- WH's page on the SEC website