Reside Worldwide, Inc. and Wyndham Hotels & Resorts Partnership Featured in Hotel Business Exclusive
Reside Worldwide, Inc. (Reside), Westbridge Capital portfolio company, has partnered with Wyndham Hotels & Resorts (Wyndham) to add residences to Wyndham’s portfolio.
Reside, under the leadership of CEO, Lee Curtis, is in the process of transforming its business from being a pure corporate housing provider in the Puget Sound area. Through a double metamorphosis, the prop-tech product, 3Sixty, offers managers responsible for corporate housing needs access to curated and certified housing options for their travelling staff globally. The Reside tie-up with Wyndham will allow it to sell unoccupied spaces for long-term and short-term stays on the Wyndham network while also allowing Reside to bring on more dedicated extended stay options creating a flywheel, optimizing supply and demand.
This tie-up was recently profiled in Hotel Business, a premier trade magazine. Click here to read the full article: https://hotelbusiness.com/hb-exclusive-wyndham-partners-with-reside-for-residences/
About Reside Worldwide, Inc.
Headquartered in Seattle, WA, Reside Worldwide, Inc. is the leading provider of professionally operated and managed global alternative accommodations with a portfolio of premier hospitality and technology brands (ABODA by Reside, Broadway Plaza, The Beekman Tower, The Residences at W New York, The Oxford, OnBase Suites and 3Sixty). Reside's mission is to present a new way to stay; offering a curated experience to guests no matter the destination or duration of their stay. Reside aggregated a world-class partner network of over 1,000,000 of the best globally-compliant accommodations options in over 60 countries to satisfy growing consumer demand for high-quality, flexible and vetted housing solutions for business or leisure travel. To learn more visit www.staywithreside.com.
About Westbridge Capital Ltd.
Westbridge is a private equity management company. Westbridge focuses on real estate and private equity investments that by their nature have little correlation to publicly listed securities and may be used to diversify a portfolio and reduce overall portfolio risk and volatility.
About Westbridge Capital Partners Income Trust
Westbridge Capital Partners Income Trust is a Canadian-domiciled Mutual Fund Trust managed by Westbridge Capital Ltd. The Fund makes high-yield loans to mature operating companies and distributes the associated income stream to investors through monthly distributions.
