USA: Wyndham Hotels and Resorts has announced the expansion of ECHO Suites Extended StaySM by Wyndham brand which now has more than 200 hotels in its development pipeline.
This comes after the brand broke ground on its first three hotels, last year, and more openings that are expected for this year. The first ECHO Suites hotel has been scheduled to open by the end of this year with additional hotels following in 2024.
Chip Ohlsson, chief development officer at Wyndham Hotels and Resorts, said: “By virtually every metric, ECHO Suites is a phenomenal success, becoming not only the fastest-growing brand in our industry but the largest brand launch in the history of Wyndham. Its rapid growth is a testament to the power that comes with the scale and resources of the world’s largest hotel franchising company and what can happen when brands take the time to truly engage and understand the needs of the development community.”
Due to new legislations, Wyndham and its brands are already hoping to see a lift as a result of investments made to grow its share, with general infrastructure-related revenues up more than 20% in Q4 2022, the seventh-consecutive quarter of double-digit growth.
Ohlsson added: “The investments we’re seeing in infrastructure represent an incredible opportunity poised to pay dividends for select-service and extended-stay hoteliers for years to come. It’s truly one of the most exciting times to be a part of our industry, Wyndham and ECHO Suites.”
