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Wyndham backs franchisees of diversity

Summary by TOPHOTELNEWS
Wyndham Hotels & Resorts has agreed a USD100m financing partnership that will support a more diverse range of hoteliers to become franchisees of Wyndham hotel brands. The arrangement with investment company Lafayette Square will provide debt finance to business people who might otherwise struggle to obtain funding through traditional sources, such as mainstream banks, in their bid to grow their hotel ownership portfolios. While applicants will s…
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