Sandpiper, LLC Announces Grand Opening of ECHO Suites Extended Stay by Wyndham Richmond, Virginia
Richmond, VA
Sandpiper, LLC Announces Grand Opening of ECHO Suites Extended Stay by Wyndham Richmond, Virginia
Richmond, VA
PRWeb:
Sandpiper, LLC is pleased to announce the grand opening of ECHO Suites Extended Stay by Wyndham Richmond, VA. This hotel was developed from the ground-up by Sandpiper and represents the first ECHO Suites hotel in its portfolio.
ECHO Suites is a brand-new, fresh extended-stay hotel brand. This brand is a natural extension of Wyndham's business and its position as a leader in the extended stay hotel segment within the U.S. ECHO Suites is focused on providing a simple, minimal and modern hotel with an emphasis on being clean and affordable. Wyndham is placing significant resources behind this brand with a fresh, consistent new construction product as the company and their development partners, of which Sandpiper is a leader, see opportunity across the country for this type of product.
Per Carter Rise, Founder, Chairman and CEO of The Sandpiper Companies, "We are very excited about our first ECHO Suites hotel. It is a beautiful, intelligently designed building that will offer our customers a great stay experience and excellent value for their money. We are very committed to this brand with three more under construction, an additional two in development and several more under consideration."
Sandpiper Hospitality ("SH") will be managing the day-to-day operations of this hotel. SH has great institutional knowledge and experience and has a growing portfolio of 65+ hotels under management. They will prove to be a critical component to our success in this market with this asset. Sandpiper now owns 39 properties across eight brands located in twelve states.
About Sandpiper
Based in Richmond, Va., Sandpiper, LLC is a nationally-focused real-estate investment organization recognized as one of the leading companies specializing in extended stay lodging properties. The company continues to develop its portfolio through ground-up development and selective acquisition of performing and non-performing properties. Sandpiper owns a total of 39 hotels under the Candlewood Suites (IHG), Courtyard (Marriott), ECHO Suites (Wyndham), Premier Suites (Extended Stay America), Residence Inn (Marriott), RiseWell Kitchen Suites (Sandpiper), Suburban Studios (Choice), and WoodSpring Suites (Choice) brands.
Sandpiper Hospitality ("SH"), an affiliated hotel management company, manages the entire Sandpiper portfolio and manages 30+ more hotels for unaffiliated third parties. SH has earned its position as the leading operator in the extended stay hotel segment of hospitality by combining the spirit of genuine, welcoming hospitality with superior financial returns, fueling the growth and prosperity of its various stakeholders – from associates to guests to owners and investors. For more information, visit www.sandpiperhospitality.com.
