Construction Marketing Pricing Service Management 
Hotel Business
FEBRUARY 16, 2023
Development pipeline grew 12% year-over-year, including 170 new construction projects added for the company’s ECHO Suites Extended Stay by Wyndham brand since launch in March. The increases compared to both 2021 and 2019 were driven primarily by stronger pricing power. RevPAR grew 12%. and 9% internationally.
Hotel Business
APRIL 27, 2023
Awarded 35 new-construction projects for ECHO Suites Extended Stay by Wyndham, bringing the total number to 205 since launch in March 2022. Adjusted EBITDA was $147 million compared to $159 million in first-quarter 2022, which included a $15 million contribution from the company’s select-service management business and owned hotels.
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Hotel Business
JULY 27, 2023
Awarded 60 new construction projects for ECHO Suites Extended Stay by Wyndham in July, including its first hotels in Canada, bringing the total number of contracts to 265. The international RevPAR growth was driven equally by stronger pricing power and higher occupancy levels. .” Highlights include: System-wide rooms grew 4% YOY.
7 Shifts
AUGUST 18, 2024
Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. A restaurant expense is a recurring payment that generates revenue like utilities, rent, payroll, or marketing. Construction and renovation costs differ by location and contractor.
Modern Restaurant Management
MARCH 11, 2020
.” Derek Jones, President of Smart Foodservice, commented, “The management team at Smart Foodservice very much looks forward to working with the team at US Foods in accelerating our growth in the attractive cash and carry foodservice market. reducing to approximately 3.0x by the end of fiscal 2021. Brands Join DDK.
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