HotelsMag September 2023 | Page 30

Wyndham Hotel Duisburger Hof in Germany .
Q2 REVIEW

WYNDHAM ' S

STRONG Q2

shows race is on in extended-stay segment

BUT THE FRANCHISOR SEES DISTANCE BETWEEN ITSELF AND PEERS .
By DAVID EISEN

On your mark , get set , go ! That could be the motto for what ' s currently going on in the hospitality segment , as lodging companies introduce new extended-stay products they hope capture the way the world is now traveling . Developers seem to like it , too .

Only a day after Hilton had reported strong earnings , and underscored its new extendedstay brand , named Project H3 in the interim , Wyndham Hotels & Resorts posted its Q2 earnings , also touting its new extended-stay brand , which does have an official name : ECHO Suites Extended Stay by Wyndham . The brand was launched in November of 2022 and
30 hotelsmag . com September 2023