AWR Warehouse is a central repository configured for long term AWR data retention. It stores AWR snapshots from multiple database sources. Increasing AWR retention in the production systems would typically increase overhead and cost of mission critical databases. Hence, offloading the AWR snapshots to a central repository is a better idea. Unlike AWR retention period of default 8 days, the AWR Warehouse default retention period is "forever". However, it is configurable for weeks, months, or years.
For more information on AWR Warehouse click on the following link for a video tutorial.