SPARTANBURG, South Carolina—Wyndham Inns & Resorts celebrated the opening of ECHO Suites Spartanburg in South Carolina, the primary opened property for the ECHO Suites Prolonged Keep by Wyndham model. The opening marks a milestone for the model, which has grown its growth pipeline to just about 270 lodges and over 33,000 rooms throughout the USA and Canada. Timed amidst an inflow of infrastructure initiatives anticipated throughout the nation over the following decade, further ECHO Suites are slated to open in Texas and Virginia this yr.
“Spartanburg, like many different cities across the nation, is booming with initiatives that require long-term, snug, and reasonably priced stays. ECHO Suites is the reply with a well-designed prototype created with the operator in thoughts. Plus, whenever you add within the collaboration with the world’s largest resort franchisor, it’s an ideal match,” mentioned Philip Cox, ECHO Suites Spartanburg Proprietor.
The arrival of ECHO Suites coincides with historic infrastructure investments in the USA, together with $1.2 trillion in authorised funding as a part of the 2021 Infrastructure and Jobs Act, the most important within the nation’s historical past. That is coupled with $280 billion as a part of the CHIPS and Science Act of 2022, driving the development of latest chip manufacturing crops throughout the USA.
Collectively, these initiatives are making a tailwind for on a regular basis enterprise vacationers, significantly building and different commerce employees, a lot of whom want long-term lodging as they journey to job websites throughout the nation. The work is anticipated to deliver a $3.3 billion alternative in further room income to Wyndham franchisees over the multi-year interval of spend.
The aim-built, all-new-construction, 124-room ECHO Suites prototype requires beneath two acres of land and has a aggressive value per key. Coming in at roughly 50,000 sq. ft, the prototype is designed to supply 79 % of revenue-generating sq. footage. Rooms include single- and two-queen studio suites with kitchens in addition to public areas—a foyer, health middle, and 24/7 visitor laundry—which might be designed to assist restrict labor wants.
As a part of its ongoing dedication to sustaining a presence within the extended-stay section, Wyndham can be introducing Mandeep Singh as vice chairman, prolonged keep operations. Mandeep brings over 20 years of worldwide expertise in extended-stay lodges, company housing, serviced flats, and multi-family properties. On this new position, Mandeep will oversee Wyndham’s rising portfolio of extended-stay manufacturers with a concentrate on ECHO Suites and the brand new Waterwalk Prolonged Keep by Wyndham model.
“There’s monumental potential within the extended-stay section, and the opening of our first ECHO Suites in Spartanburg is an thrilling instance of the model delivering on that chance to our house owners. With the addition of Mandeep Singh, we’re reinforcing our dedication to our Proprietor First philosophy as we proceed to develop ECHO Suites to satisfy the wants of right this moment’s visitors,” mentioned Krishna Paliwal, president, Hawthorn Prolonged Keep by Wyndham and head of structure, design, and building, Wyndham Inns & Resorts
Along with the opening of the primary ECHO Suites in Spartanburg, the model is on monitor to have 75 lodges open or beneath building by the top of 2026 and 300 open lodges by 2032.
