Wyndham And LuxUrban Ink Deal To Expand Trademark Collection Portfolio In The U.S.
Portfolio Pulse from Happy Mohamed
Wyndham Hotels & Resorts and LuxUrban Hotels, Inc. have announced a deal to bring 16 LuxUrban hotels into the Trademark Collection by Wyndham brand. The hotels will maintain their LuxUrban branding while also gaining affiliation and recognition via the Trademark brand name. Wyndham will provide financial, sales, and operational related support to help advance LuxUrban's asset-light acquisition-driven growth strategy. The agreement also paves the way for additional LuxUrban hotels to join Trademark in the future.
August 04, 2023 | 1:09 pm
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POSITIVE IMPACT
LuxUrban Hotels, Inc. has signed a deal with Wyndham Hotels & Resorts to bring 16 of its hotels into the Trademark Collection by Wyndham brand. This could potentially increase LuxUrban's visibility and revenues.
The deal with Wyndham Hotels & Resorts allows LuxUrban to increase its visibility and potentially its revenues by bringing 16 of its hotels into the Trademark Collection by Wyndham brand. The agreement also opens the possibility for additional LuxUrban hotels to join Trademark in the future, further expanding LuxUrban's portfolio.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Wyndham Hotels & Resorts has signed a deal with LuxUrban Hotels, Inc. to expand its Trademark Collection. This could potentially increase Wyndham's market share and revenues.
The deal with LuxUrban Hotels, Inc. allows Wyndham to expand its Trademark Collection, potentially increasing its market share and revenues. The agreement also opens the possibility for additional LuxUrban hotels to join Trademark in the future, further expanding Wyndham's portfolio.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100