How does ECHO Suites compare to other hotel brands?
Currently, there is limited competition in the extended-stay hotel market in Canada. This combined with the continual rise in demand for extended-stay accommodations presents an excellent [...]
What is the business model and optimal investment?
Extended-stay properties target long-term guests which naturally results in less guest-turnover and greater occupancy predictability. This furthers the cost-effectiveness of a modular build. To [...]
What are the operational requirements of ECHO Suites?
Extended-stay guests are more self-sufficient with minimal needs. With minimal housekeeping and guest service requirements, ECHO Suites has minimal staffing and operational requirements. [...]
What type of guest does ECHO Suites appeal to?
ECHO Suites provides modern, affordable, medium-term accommodations for stays of 7 or more nights, including monthly and annual residencies. Both annual and monthly stays will be common among [...]
What are the main features and land requirements of ECHO Suites?
ECHO Suites Extended Stay by Wyndham is a purpose-built, all-new construction property, designed for operational efficiency. The 124-room property is approximately 50,000 square feet, with an [...]
Is ECHO Suites new to Wyndham or new to Canada?
Wyndham introduced ECHO Suites Extended Stay to the US market in 2022. Based on the growing demand for extended-stay accommodation, the ECHO brand is now expanding into Canada under the [...]
What is included as part of MasterBUILT’s development services?
As a managing partner, we’re successful when you are. We only build in locations where research shows a Microtel or ECHO Suites will thrive. Our properties come complete with our building and [...]
How long does it take to develop a Microtel in Canada?
Once a favourable market has been identified, the first step is to gain control/ownership of the specific site. Site acquisition, development and building permits, and market studies can be [...]
Can MasterBUILT take over management after the first few years?
Microtel and ECHO Suites properties managed by MasterBUILT from day one are at a significant advantage. MasterBUILT ensures a strong sales & marketing, accounting and asset management team is [...]
Can MasterBUILT manage my hotel on my behalf?
MasterBUILT has a proven track record as an experienced national hotelier. We handle all aspects of operations to the highest professional standards. Our turnkey operations management service [...]
