New York-listed Wyndham joins venture capital firms Clearstone Venture Partners and Mission Ventures in backing LeisureLink's $9m C round.

Wyndham Exchange & Rentals, a US-based hotels and holiday company, has invested in the $9m series C round consortium for LeisureLink, a US-based distribution and revenue management service.

New York-listed Wyndham joined venture capital firms Clearstone Venture Partners and Mission Ventures in backing LeisureLink, which provides software for the $20bn specialty lodging market.

Rishi Nigam, vice-president of corporate and strategic development at Wyndham, said: "LeisureLink provides distribution, yield management and merchandising tools that are helping introduce thousands of new consumers…