The president and CEO at the extended-stay giant discusses broader opportunity and performance expectations in the increasingly crowded segment, as well as what's next for Extended Stay America.
Believe it or not, extended-stay accounts for only 10% of the U.S. hotel inventory, according to Extended Stay America President and CEO Greg Juceam. He added that recent supply increases have been fully absorbed and demand is up 43% over the last eight years. Watch Juceam talk about the remaining runway for the segment, expected near-term performance and profitability, and what's next for ESA.
ALIS video interview: Greg Juceam