Wyndham and Lafayette Square Unveil $100 Million Fund for Diverse Hotel Owners

Key Points

• Wyndham Hotels & Resorts and Lafayette Square are collaborating to provide $100 million in financing to diverse hotel owners.
• The initiative primarily supports Black and female hotel entrepreneurs, offering capital and additional resources.
• Wyndham's diversity programs have facilitated over 100 hotel deals with Black and female owners.

Summary

Wyndham Hotels & Resorts, in collaboration with Lafayette Square, has launched a $100 million fund aimed at supporting diverse hotel owners, particularly Black and female entrepreneurs. This initiative provides access to capital and additional support through programs like BOLD and Women Own the Room, and has already resulted in over 100 hotel deals. Dr. Amina James is among those who have benefited, securing financing to expand her hotel ownership.