financeHotels Magazine··1 min·For: Owner, Investor, GM, Revenue, Ops
Wyndham Reaches Milestone With 20th ECHO Suites Opening
Wyndham Hotels & Resorts has opened its 20th ECHO Suites property, reporting strong performance metrics including average occupancies above 70% and RevPAR indices exceeding 100% for established sites.
Key Takeaways
- 1Capitalize on high demand for long-term stays, as over 70% of ECHO Suites guests stay for more than seven nights.
- 2Monitor the brand's rapid expansion, which has already surpassed its goal of 300 executed contracts ahead of the 2027 target.
- 3Leverage efficient design models where nearly 74% of the 50,000-square-foot property is rentable guest space.
Source: Hotels Magazine
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