Sandpiper Opens Echo Suites Extended Stay by Wyndham Richmond, Virginia
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.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
