Skift Take
There is a big gender and diversity gap among hotel developers.
Wyndham Hotels & Resorts, the world's largest hotel franchisor, unveiled a new program Monday to boost diversity in hotel ownership.
The initiative, dubbed Accelerator Circle, aims to provide networking and mentorship opportunities for Black and women entrepreneurs who want to become thriving hotel developers.
Why it matters: Less than 2% of hotel owners are Black, and less than 10% are women, highlighting a significant diversity gap in the industry.
Key Points: Quarterly virtual meetups will connect franchisee