Partnership will bring service-oriented, hospitality-infused living to Rise and Bolden Apartments in Tysons, VA
WASHINGTON, May 11, 2021 /PRNewswire/ — WhyHotel, a hospitality platform and operator, today announced a partnership with The Meridian Group, a best-in-class real estate investment and development firm for over 25 years, to bring a first-of-its-kind hospitality-infused apartment living concept to Tysons, VA. Building on its unique pop-up hotel experience, WhyHotel will partner with The Meridian Group to create a new standard of high-end, service-oriented residential living at Meridian’s Rise and Bolden Apartments in The Boro.
WhyHotel first joined The Boro in December of 2019 to operate its signature temporary pop-up hotel model as the property moved through its conventional lease-up process. This partnership is an evolution of WhyHotel’s presence at Rise and Bolden to a hospitality-infused property manager. This is a first for the company and an important step towards WhyHotel’s ultimate vision of Hospitality Living, an unprecedented flexible-use asset class that optimizes assets across apartment and hospitality use.
“In Q2 of 2019, we at WhyHotel announced that we were undertaking a new unit of our business called Hospitality Living, aimed at meeting consumers where they are and providing a flexible experience between hospitality and residential living,” said Jason Fudin, CEO of WhyHotel. “This partnership is an important step in the future of the intersection of residential living and hospitality as it is the first property to house the WhyHotel Hospitality Living experience. We’re proud to work with The Meridian Group to bring this innovative asset class to life for residents.”
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