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WhyHotel Rebrands as Placemakr, Announces over $90M in Equity Investment

WhyHotel, a tech-enabled hospitality platform and operator, announced the rebrand of its company, now to be known as Placemakr. The rebrand comes alongside $90M in equity investment raised for growth and property acquisitions. In conjunction with these investments, the company also secured committed capital toward its target of $1B of property acquisitions over the next 18-24 months.

Placemakr Raises $90 Million for Next-Gen Lodging and Hotel Pop-Ups

WhyHotel, a next-generation lodging operator, said on Tuesday it had closed a $90 million round of equity funding and rebranded as Placemakr.

The Michaels Organization Poised to Break Ground on 111

Hotels on the Rebound in Texas Capital City

Hotels on the Rebound in Texas Capital City
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Q4 2021 Major U S Hotel Sales Survey | By Daniel Lesser – Hospitality Net

During 2021, vaccines and booster shots paved the way for a brief return to some semblance of normalcy, however as we enter 2022 the nearly two-year global health crisis is not over. Since the end of November, the Omicron variant of COVID-19 has surged, bringing record high daily counts of infection resulting in many companies further delaying their longawaited return-to-office.

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