ATLANTA, Ga., Aug. 1 – AAHOA, the world’s largest hotel owners association, and Extended Stay America, Inc. (ESA), a Charlotte, NC based company with over 600 branded hotels in the United States, announced a new partnership that will facilitate relationships between the brand and AAHOA’s over 18,500 members.
“We are excited to partner with Extended Stay America. The demand for extended-stay properties outpaced supply in 2018, and the innovation we’re seeing from Extended Stay America is exciting. The strong performance fundamentals in this segment coupled with decreased interest rates suggest good development opportunities. We look forward to their presence at AAHOA’s regional conferences and trade shows and at our 2020 Convention and Trade Show in Orlando, Fla.,” said AAHOA Interim President and CEO Rachel Humphrey.
“Extended Stay America is proud to partner with AAHOA to showcase the opportunities for growth and the profitability of the extended-stay model. AAHOA’s members are experienced hoteliers and savvy developers. We look forward to working with them to develop properties to meet the growing demand in this segment,” said Jim Alderman, Chief Development Officer for Extended Stay America.