SHERIDAN, WYOMING – Feb. 20, 2025 – myroom24, a leading booking platform offering real-time availability for long-term stays, has announced a partnership with Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,200 hotels across more than 95 countries.1 This collaboration integrates Wyndham's global portfolio into myroom24's booking technology, streamlining the process for long-term travelers. The partnership facilitates flexible stays from 28 to 185 nights, catering to the needs of business travelers, digital nomads, and individuals seeking temporary housing solutions.
Market Growth and Strategic Partnership
The extended-stay hotel market is experiencing significant growth. According to the "Extended Stay Hotel Global Market Report 2024," the market is projected to reach a volume of US$27.17 billion by 2028, with a compound annual growth rate (CAGR) of 6.8 percent. Factors such as remote work, medical tourism, and the increasing demand for flexible living arrangements are driving this expansion. The partnership between myroom24 and Wyndham Hotels & Resorts addresses the rising need for cost-effective and adaptable accommodation options.
Executive Insights
Tristan Thom, CEO of myroom24 GmbH, emphasized the importance of providing comprehensive solutions for long-term travelers: "People who travel for weeks or months need more than just a place to stay—they need comfort, flexibility and simplicity. That's where Wyndham comes in. With 25 globally recognized brands, spanning from economy to upscale, including numerous extended-stay options, and our innovative platform, we're making it easier than ever to find a home away from home, wherever your journey takes you."
Dimitris Manikis, President of EMEA at Wyndham Hotels & Resorts, highlighted the strategic alignment of the partnership with Wyndham's goals: "At Wyndham, we're always looking for innovative ways to support our partners and drive their success. Our collaboration with myroom24 reflects our 'Owner First' philosophy by creating new avenues to tap into the growing demand for extended stays. It also gives travelers access to our wide-ranging portfolio. With our extended-stay brands—ECHO Suites, Hawthorn Extended Stay and WaterWalk Extended Stay—and a diverse offering of traditional hotels from economy to upscale, we provide travelers with flexible and comfortable accommodations for longer stays, while helping our hotel partners unlock new revenue streams and strengthen their competitive position in a dynamic market."
Benefits for Hotels and Guests
This partnership showcases Wyndham's ability to cater to the diverse needs of travelers through its extensive brand portfolio. For those seeking a home-like experience, extended-stay brands like ECHO Suites Extended Stay by Wyndham, Hawthorn Extended Stay by Wyndham, and WaterWalk Extended Stay by Wyndham offer amenities such as fully equipped kitchens and spacious accommodations designed for long-term stays. Additionally, well-known brands like Days Inn, Super 8, La Quinta, Ramada, and Wyndham Grand provide guests with options across various price points and travel styles, ensuring there is something for everyone. This approach reinforces Wyndham's commitment to making travel accessible for all and delivering a comfortable guest experience.
Key Features of the myroom24 Platform
The myroom24 platform enhances the booking experience for stays ranging from 28 to 185 nights, providing several key features:
- Revenue Optimization: Wyndham hotels can offer flexible discounts on best available rates (BAR) for extended stays.
- Automation and Efficiency: Seamless integration with Wyndham's central reservation system streamlines operations, reducing manual tasks related to bookings, cancellations, and modifications.
- Guest Flexibility: Long-term travelers benefit from competitive pricing and flexible cancellation policies, including free cancellations up to 14 days before the start of the following month.
- Business Travel Solutions: Wyndham's extensive global portfolio offers tailored options for travelers seeking extended stays across various brands, simplifying travel budget planning for companies.
About myroom24
myroom24 is the world's first booking platform dedicated to long-term hotel stays, transforming the utilization of available hotel rooms. The platform provides both businesses and individual customers access to favorable special rates and real-time availability from leading global hotel chains. Designed for stays ranging from 28 to 185 nights, myroom24 combines state-of-the-art technology with a user-focused approach. The platform ensures transparency and convenience through digital monthly payment options. By leveraging advanced technology, myroom24 curates and vets hundreds of thousands of accommodations worldwide, supported by a 24/7 international customer service team. The platform guarantees a smooth booking experience for users globally. Continuous enhancement of services and technology is prioritized based on feedback from customers and partners to ensure a seamless booking experience for all guests.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the largest hotel franchising company globally, with over 9,200 hotels in more than 95 countries across six continents. Catering to everyday travelers, the company boasts approximately 893,000 rooms and leads the hospitality sector in the economy and midscale segments. Wyndham 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®. Additionally, Wyndham Hotels & Resorts is a leading provider of hotel management services. The company's award-winning Wyndham Rewards loyalty program offers more than2 112 million registered members the opportunity to redeem points at thousands of hotels, vacation club resorts, and vacation rentals3 worldwide.
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