Wyndham brings its residence model to US; Ten-year development agreement with alternative accommodations operator Reside starts with five properties and plans to reach 50 markets

  • 10/28/2024

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Wyndham Hotels & Resorts is bringing its Wyndham Residence brand to the U.S. via a five-property franchise deal with Seattle-based Reside, a global operator and manager of alternative accommodations and technology brands.

The five properties are open or under development and a 10-year development agreement calls for growing the offerings across top 50 markets in the U.S. Wyndham would not elaborate on a unit growth target.

Open locations include the 55-room Reside Seattle Downtown, a Wyndham Residence, and the 79-room Reside Houston Downtown, a Wyndham Residence. Future locations will include a 22-room property in New Orleans, as well as 81-room and 67-room residences in Washington, D.C. Wyndham said the D.C. hotels are expected to open in the coming months and the New Orleans property is expected to open in 2025.

Wyndham Hotels & Resorts (NYSE: WH)
Amit Sripathi | Chief Development Officer

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