Pop-up hotel operator WhyHotel has secured more than $20 million in Series B funding. The amount brings the company’s total funding to more than $35 million since its inception in 2017 and arrives as it prepares to expand into multiple new cities in 2020.
WhyHotel plans to use the funds to fuel its national expansion; to offer additional products and services to guests during their stays; to hire additional staff for its real estate sales, marketing revenue and technology teams; and to ramp up Hospitality Living, the real estate development arm of the company, with the goal to deliver its first development in 2022.
