First ECHO Suites Extended Stay by Wyndham Opens in South Carolina

Core Insights - ECHO Suites is positioned to meet the growing demand for long-term, comfortable, and affordable accommodations in booming cities like Spartanburg, with a well-designed prototype tailored for operators [1][6] - The brand aims to have 75 hotels open or under construction by the end of 2026 and 300 open hotels by 2032, indicating significant growth potential [2][11] Company Developments - The first ECHO Suites has opened in Spartanburg, marking a milestone in the brand's development pipeline, which now includes nearly 270 hotels and over 33,000 rooms across the U.S. and Canada [11] - Mandeep Singh has been appointed as vice president of Extended Stay Operations, bringing over 20 years of experience to oversee the growing portfolio of extended-stay brands [8] Market Context - The launch of ECHO Suites coincides with historic infrastructure investments in the U.S., including $1.2 trillion from the 2021 Infrastructure and Jobs Act and $280 billion from the CHIPS and Science Act of 2022, which are expected to drive demand for extended-stay accommodations [5] - The construction projects across the country are projected to create a $3.3 billion opportunity in additional room revenue for Wyndham franchisees over the multi-year period [12] Product Features - The ECHO Suites prototype is a purpose-built, all-new construction with 124 rooms, requiring under two acres of land and designed to maximize revenue-generating square footage [15] - The design includes single- and two-queen studio suites with kitchens, along with public spaces such as a lobby, fitness center, and 24/7 guest laundry, aimed at reducing labor needs [15]