Wyndham Hotels & Resorts has rolled out a new program to address diversity in hotel ownership. The program, called Accelerator Circle, is targeted at Black and female entrepreneurs.
This endeavour provides networking and mentorship opportunities, aiming to bridge the significant diversity gap where less than 2% of hotel owners are Black, and under 10% are women.
Wyndham’s Accelerator Circle is a pioneering initiative designed to support Black and female entrepreneurs in the hotel industry. By utilising the expertise garnered from BOLD and Women Own the Room programs, this new initiative promises enhanced opportunities through mentorship and networking, significantly contributing to the elevation of diverse ownership within the sector.
The program features quarterly virtual meetups, connecting franchisees with seasoned industry experts and peer mentors. This dynamic approach ensures the content remains relevant, addressing real-time challenges faced by participants, as highlighted by Galen Barrett of Wyndham.
Such efforts are not only important but necessary to close the diversity gap in hotel ownership, contributing to a more inclusive industry landscape.
By enabling participants to connect with those who have navigated similar challenges, the program aims to expedite hotel openings and enhance operational performance for diverse owners.
With over 9,200 hotels across 95 countries, Wyndham’s scale presents a prime opportunity for the Accelerator Circle to influence industry standards on a global level.
The community impact is expected to be profound, as diverse owners bring unique perspectives that can reshape operational strategies and guest experiences.
Wyndham’s Accelerator Circle is set to revolutionise diversity in hotel ownership, acting as a catalyst for change. The commitment to enhancing representation in the industry is clear and well-structured.
Wyndham’s Accelerator Circle marks a significant step towards greater diversity in hotel ownership. Its structured approach and focus on mentorship and networking stand to make a lasting impact.
The initiative is poised to not only empower diverse entrepreneurs but also enrich the hospitality industry with varied perspectives and leadership.