operationsHospitalityNet··1 min·For: Owner, GM, Investor, Revenue, Ops
Wyndham Opens 20th ECHO Suites Amid Strong Growth
Wyndham Hotels & Resorts has opened its 20th ECHO Suites location in Bozeman, Montana, as the all-new construction extended-stay brand targets 300 locations by 2032.
Key Takeaways
- 1Monitor the Bozeman, Montana opening as a marker for Wyndham's goal of 300 ECHO Suites locations by 2032.
- 2Capitalize on high occupancy trends for new-build extended stay assets, which are averaging over 70% occupancy after six months.
- 3Leverage demand from project-based workers and relocations to drive RevPAR index levels above 100% against midscale competitors.
Source: HospitalityNet
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