ECHO SUITES, ECHO SUITES EXTENDED STAY BY WYNDHAM

The financial picture starts steep: Item 7 lays out initial investments from $11,506,418 to $17,258,078 for new-construction hotels, covering land, building, furnishings, and pre-opening costs—think $200-$300 per sq ft for 80-126 room properties. Upfront, it's a $35,000 franchise fee (Item 5), followed by 5.5% royalties on gross room revenue plus 3.5% system assessment for marketing and reservations (Item 6), and monthly PMS fees of $734-$1,050. No Item 19 means no disclosed average revenues or profits, a red flag for a concept targeting value-conscious long-term stays in a cutthroat market; you'd rely on Wyndham's pipeline hype and your own pro formas.

System health shows early volatility: just 5 U.S. locations open as of the 2025 FDD (Item 20), with 14 projected new units signaling aggressive expansion via master developers. But litigation history (Item 3) includes franchisee disputes over fees, terminations, and contracts—mostly Wyndham chasing collections, hinting at cash flow strains. Transfers and renewals are minimal given the youth, so stability is untested; this is high-risk, capital-intensive play best for experienced hoteliers with deep pockets and territorial scale, not first-timers chasing quick ROI.