Wyndham
said it sees continued acceleration for the brand, with a long-term goal of 300
hotels by 2032.
NATIONAL
REPORT — Wyndham Hotels & Resorts said it has opened its 20th Echo Suites
Extended Stay by Wyndham hotel as the latest opening in Bozeman, Montana,
builds on a wave of recent debuts in Springfield, Missouri; Colorado Springs,
Colorado; and Round Rock, Texas, as the brand continues to expand nationwide.
Launched in
2024, Echo Suites was designed from the ground up with input from some of the
industry’s largest and most successful institutional extended-stay developers.
Wyndham said that, as demand for such accommodations accelerates, on average,
Echo Suites hotels that have been open for six months or more are seeing
occupancy over 70%, based on results through Q1 2026, with the most established
locations seeing above 80%.
Wyndham said
the 20-hotel milestone reflects growing confidence in the brand’s efficient new
construction prototype and operating model. Including contributions from
Wyndham’s midscale Hawthorn Extended Stay by Wyndham brand and its upscale
WaterWalk by Wyndham brand, 2025 was a significant year for the company’s
extended-stay portfolio, with over 60 new executions, including 20 under Echo
Suites, growing the pipeline to approximately 45,000 rooms.
“We set out
to reach 300 executed contracts by 2027 and we’ve already exceeded our goal.
Opening 20 Echo Suites hotels in such a short time — including our latest
opening in Bozeman, in the heart of Montana’s Big Sky Country — speaks to the
brand’s momentum and strong developer confidence,” said Mike Mueller,
president, Extended Stay Brands for Wyndham. “With industry analysts projecting
nearly 10% growth through 2030, extended-stay remains a compelling opportunity,
and Echo is proving that a purpose-built, developer-informed model can deliver
strong returns while meeting the needs of today’s long-term guests.”
Engineered
for efficiency, Wyndham said Echo Suites hotels average approximately 50,000
sq. ft., with nearly 74% of that space rentable, and guest rooms averaging
about 300 sq. ft. More than 70% of stays exceed seven nights, with over half
extending beyond 60 days, reflecting demand from project-based business
travelers, relocations and other long term guests. A majority of hotels that
have been open for more than a year are consistently outperforming their
competitive sets, with RevPAR index levels above 100%.
“When we
looked at Bozeman, we saw a clear opportunity to introduce a purpose-built
extended stay concept that meets the needs of today’s travelers, and Echo
Suites perfectly aligned with that vision,” said Paige York, owner and
developer, Echo Suites Extended Stay Bozeman.
Looking ahead, Wyndham said it expects continued
acceleration for the brand, with approximately 12 additional Echo Suites hotels
currently under development and a long-term target of 300 hotels open or under
construction by 2032.