Wayfarer is leading digital transformation in hospitality with our tech-enabled management brand. We've raised $2 million in funding from property investors who deeply understand the problems and inefficiencies in the hospitality business model, allowing us to grow our unit count by 5x in the last year to drive $3 million annualized revenues. Founded in November 2019 with just an idea, we now have 200 rooms operated and contracted for total assets under management of nearly $50 million in partnership with global property investors and listed Japanese real estate companies. Our vision is to develop a white-label hospitality SaaS platform that redefines the $200 billion hospitality market in Asia.
We’re a modern rebellious hospitality brand for young independent travelers looking for something different and local at a value for money price. We partner with property investors to enhance the value of their buildings with Wayfarer’s full-stack operations management solution. With our DX approach, we increase the property cash flows by up to 70% through the combination of technology & operations.