ECHO Suites Extended Stay by Wyndham FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is to operate an all-new construction, extended stay ECHO Suites Extended Stay by Wyndham hotel which features modern accommodations, efficiently designed guest rooms and/or one-room suites, at affordable room rates. Some franchisees may be awarded a master development agreement, which will allow them to develop multiple chain facilities over a period of time in an agreed upon territory.
WHR Extended Stay, LLC is a limited liability company initially formed as a corporation in Delaware on March 22, 2007. They converted to a limited liability company on November 2, 2021, and filed a name change to WHR Extended Stay, LLC on July 14, 2022. Their principal business address is 22 Sylvan Way, Parsippany, New Jersey 07054.
The total investment necessary to begin operation of an ECHO Suites Extended Stay by Wyndham hotel ranges from $11,487,375 to $15,440,585 for a 124 -room new construction hotel. Land acquisition costs are not included in these ranges. This includes a range of $51,475 to $53,875 that must be paid to the franchisor or an affiliate.