Wyndham Expands Extended Stay Offerings, Teams with Reside to Introduce Wyndham Residences in the U.S.
Wyndham Hotels & Resorts has entered a 10-year development relationship with Reside to introduce Wyndham Residences in the U.S. The partnership brings five residence-style hotels that are open or under development, targeting top 50 U.S. markets. Two locations are currently open: Reside Seattle Downtown (55 rooms) and Reside Houston Downtown (79 rooms). Future locations include properties in New Orleans (22 rooms) and two in Washington D.C. (81 and 67 rooms). The properties offer upscale amenities including fully equipped kitchens, in-unit laundry, and WiFi, catering to both long-term stays and shorter getaways.
Wyndham Hotels & Resorts ha avviato una collaborazione di sviluppo della durata di 10 anni con Reside per introdurre Wyndham Residences negli Stati Uniti. Questa partnership porta all'apertura di cinque hotel in stile residenza, già operativi o in fase di sviluppo, che mirano ai primi 50 mercati americani. Attualmente sono aperti due luoghi: Reside Seattle Downtown (55 camere) e Reside Houston Downtown (79 camere). Le future località includono proprietà a New Orleans (22 camere) e due a Washington D.C. (81 e 67 camere). Le strutture offrono servizi di alta qualità, inclusi cucine completamente attrezzate, lavanderia in unità e WiFi, adattandosi sia a soggiorni prolungati che a fughe più brevi.
Wyndham Hotels & Resorts ha establecido una relación de desarrollo de 10 años con Reside para introducir Wyndham Residences en los EE. UU. La asociación incluye cinco hoteles estilo residencia que están abiertos o en desarrollo, apuntando a los 50 principales mercados de EE. UU. Actualmente hay dos ubicaciones abiertas: Reside Seattle Downtown (55 habitaciones) y Reside Houston Downtown (79 habitaciones). Las futuras ubicaciones incluyen propiedades en Nueva Orleans (22 habitaciones) y dos en Washington D.C. (81 y 67 habitaciones). Las propiedades ofrecen comodidades de alta gama, incluyendo cocinas totalmente equipadas, lavandería dentro de la unidad y WiFi, satisfaciendo tanto a estancias prolongadas como a escapadas más cortas.
Wyndham Hotels & Resorts는 Reside와의 10년 개발 관계를 통해 미국에 Wyndham Residences를 도입하게 되었습니다. 이번 파트너십은 이미 운영 중이거나 개발 중인 거주 스타일의 호텔 5곳을 포함하며, 미국의 상위 50개 시장을 겨냥하고 있습니다. 현재 운영 중인 두 곳은 Reside Seattle Downtown (55개 객실)과 Reside Houston Downtown (79개 객실)입니다. 미래의 위치에는 New Orleans (22개 객실)와 Washington D.C.에 두 곳 (81개와 67개 객실)이 포함됩니다. 이들 시설은 완비된 주방, 세탁기, WiFi 등 고급 편의 시설을 제공하여 장기 체류와 짧은 여행 모두에 적합합니다.
Wyndham Hotels & Resorts a établi une relation de développement de 10 ans avec Reside pour introduire Wyndham Residences aux États-Unis. Ce partenariat comprend cinq hôtels de style résidence qui sont déjà ouverts ou en développement, visant les 50 principaux marchés américains. Actuellement, deux emplacements sont ouverts : Reside Seattle Downtown (55 chambres) et Reside Houston Downtown (79 chambres). Les futurs emplacements incluent des propriétés à La Nouvelle-Orléans (22 chambres) et deux à Washington D.C. (81 et 67 chambres). Les établissements offrent des équipements haut de gamme, y compris des cuisines entièrement équipées, des laveries dans les unités et du WiFi, adaptés à la fois pour des séjours prolongés et des escapades plus courtes.
Wyndham Hotels & Resorts hat eine 10-jährige Entwicklungskooperation mit Reside eingegangen, um Wyndham Residences in den USA einzuführen. Diese Partnerschaft umfasst fünf Residenzhotels, die bereits geöffnet sind oder sich in der Entwicklung befinden und sich an die 50 wichtigsten Märkte in den USA richten. Derzeit sind zwei Standorte geöffnet: Reside Seattle Downtown (55 Zimmer) und Reside Houston Downtown (79 Zimmer). Zukünftige Standorte sind Immobilien in New Orleans (22 Zimmer) und zwei in Washington D.C. (81 und 67 Zimmer). Die Immobilien bieten gehobene Annehmlichkeiten, darunter komplett ausgestattete Küchen, Waschmöglichkeiten in der Einheit und WLAN, die sowohl für Langzeitaufenthalte als auch für kurze Ausflüge geeignet sind.
- Expansion into upscale extended-stay market with five new properties
- Strategic partnership with established player Reside (presence in 60 countries)
- Access to Wyndham's distribution network and 112 million loyalty members
- Diversification of extended-stay portfolio across different market segments
- None.
Insights
This strategic partnership with Reside marks a significant expansion of Wyndham's extended-stay portfolio, particularly in the upscale segment. The deal brings 5 residence-style properties to key urban markets, strengthening Wyndham's position in the growing extended-stay sector. The expansion leverages Reside's 30+ years of expertise in corporate housing and their presence across 60 countries.
The move is particularly well-timed as demand for extended-stay accommodations continues to rise. By targeting top 50 U.S. markets and prime urban locations near business districts and tourist attractions, Wyndham is positioning itself to capture both corporate and leisure extended-stay travelers. The integration with Wyndham Rewards' 112 million member loyalty program provides a significant distribution advantage and potential for increased occupancy rates.
Initial deals expand Wyndham's upscale extended-stay footprint bringing five
residence-style accommodations to urban destinations across the
The franchise agreements bring five residence-style hotels that are open or under development to the Wyndham brand—marking the debut of its Wyndham Residence® tier in the U.S.—with a focus on expanding its offerings across top 50 markets in the
What's more, this partnership builds on Wyndham's foothold in the extended-stay segment, complementing its existing offerings across segments with ECHO Suites® Extended Stay by Wyndham, Hawthorn® Extended Stay by Wyndham and WaterWalk Extended StaySM by Wyndham. With the addition of Wyndham Residence® properties in the
"Reside has a proven track record as one of the most successful names in corporate housing. Whether you need a comfortable place to live for a prolonged time, or you simply need more space while traveling with a larger group, Reside's model expands our extended-stay offerings, delivering premium, professionally managed accommodations in locations we know guests want to visit. By tapping into Wyndham's distribution network, we help unlock new demand generators that can help scale their business to the next level."
- Amit Sripathi, Chief Development Officer, Wyndham Hotels & Resorts
Convenient Comfort in Urban Destinations
Several Wyndham Residences are already established in other parts of the world, including the
Open locations include:
- Reside Seattle Downtown, a Wyndham Residence: Settle into
Seattle in the heart of one of the city's most iconic waterfront neighborhoods with easy access to Pike Place Market, T-Mobile Park, Lumen Field and the Space Needle. The contemporary 55-room residence-style hotel is perfect for extended-stays and weekend getaways alike, offering a gym, free WiFi, on-site laundry and housekeeping for stays over five nights. - Reside Houston Downtown, a Wyndham Residence: Set in the center of downtown
Houston near the Theater District, Houston Symphony Orchestra and Jones Hall, the 79-room residence-style hotel unlocks endless adventures in H-town. The former auto showroom creatively adapts the space into a modern sanctuary with nods to its industrial past with original hardwood and factory windows. Guests can enjoy a 24-hour gym, fully equipped kitchens and in unit laundry.
Future locations include:
New Orleans : The 22-room residence-style hotel is located in the historic Bywater neighborhood known for its majestic magnolia trees and vibrant music scene, just about a mile away from the French Quarter. In addition to offering guests full kitchens and washers and dryers in unit, the hotel will have a restaurant showcasing the beloved flavors ofNew Orleans , an art gallery and coffee and wine bars for guests to enjoy.Washington D.C. : Located steps from Barracks Row in DC's Navy Yard, the 81-room residence-style hotel connects two buildings into one memorable stay. Guests will enjoy modern amenities like in-room chef-ready kitchens with stainless steel appliances, reliable Wi-Fi and in-unit laundry. For those looking to explore, guests will also be able to take in the historic charm and dynamic food scene in the surrounding area.Washington D.C. : Set in DC's NOMA neighborhood near downtown and Union Market, the 67-room residence-style hotel will offer an upscale, modern home away from home. With a sleek design, spaces will include in-room chef-ready kitchens, fast Wi-Fi and 24/7 gym access. Its location will also provide easy access to historic landmarks, museums and can't miss dining experiences for foodies coming to town.
"We've been in this business for decades, providing quality and comfort to people looking for a reliable homebase. By partnering with Wyndham, we unlock access to its expansive distribution channels—including its network of approximately 112 million enrolled loyalty members—and join forces in delivering the memorable experiences in iconic cities today's extended-stay guests are craving."
- Lee Curtis, Founder & CEO, Reside
The #1 Hotel Rewards Program
Wyndham hotels participate in Wyndham Rewards®, the Company's award-winning rewards program with over 60,000 hotels, vacation club resorts and vacation rentals worldwide. With approximately 112 million enrolled members worldwide, Wyndham Rewards is the only hotel loyalty program where members earn a guaranteed 1,000 points with every qualified stay.
Accounting for approximately half of all
To learn more about Wyndham hotels, or book your next stay, visit www.wyndhamhotels.com/wyndham.
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About Reside
Headquartered in
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,200 hotels across over 95 countries on six continents. Through its network of approximately 893,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 25 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. The Company's award-winning Wyndham Rewards loyalty program offers approximately 112 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit wyndhamhotels.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the federal securities laws, including statements related to Wyndham's current views and expectations with respect to expected hotel openings. Forward-looking statements are any statements other than statements of historical fact, including those that convey management's expectations as to the future based on plans, estimates and projections at the time Wyndham makes the statements and may be identified by words such as "will," "expect," "believe," "plan," "anticipate," "predict," "intend," "goal," "future," "forward," "remain," "outlook," "guidance," "target," "objective," "estimate," "projection" and similar words or expressions, including the negative version of such words and expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, general economic conditions, including inflation, higher interest rates and potential recessionary pressures; global or regional health crises or pandemics including the resulting impact on Wyndham's business, operations, financial results, cash flows and liquidity, as well as the impact on its franchisees, guests and team members, the hospitality industry and overall demand for and restrictions on travel; the performance of the financial and credit markets; the economic environment for the hospitality industry; operating risks associated with the hotel franchising business; Wyndham's relationships with franchisees; the impact of war, terrorist activity, political instability or political strife, including the ongoing conflicts between
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SOURCE Wyndham Hotels & Resorts
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