BRR Architecture reposted this
Truly so happy to have my first ever hospitality project open while at BRR Architecture. Excited to see what the future of the ECHO Suites Extended Stay hotels looks like! It was so great working with Wyndham Hotels & Resorts Development , Mitch Cox Universal and team to get this one open.
As the fastest-growing brand in Wyndham Hotels & Resorts history, ECHO Suites Extended Stay celebrates the opening of the first property in Spartanburg, SC! With nearly 270 contracts signed, the innovative new construction brand offers hotel owners an efficient, ROI-focused design. “Geoff Ballotti expects the brand to drive ‘record levels’ of gross operating profits thanks to these efficiencies. ‘The returns for these developers are very high,’ he said. ‘Industry GOPs range between 30 and 40 percent, depending on the segment. These, if you're doing them well … are north of 60 percent.’” HOTEL MANAGEMENT Magazine has the story: https://lnkd.in/eXPNYNva Interested in exploring extended-stay or growing your hotel portfolio? Learn more about ECHO here: https://lnkd.in/gz-pZXJh #FranchiseDevelopment #ECHOSuites #ExtendedStay