Choice Hotels Controls 50% of Extended Stay New Builds: What That Means

from No Vacancy Live! · host No Vacancy News

Matt McElhare, Vice President & Segment Lead, Extended Stay at Choice Hotels International, says extended stay leads new hotel development right now, while conversions let owners move faster than new builds. I talked with Matt in Las Vegas about what Choice has in the pipeline, why conversions matter right now, and why he thinks extended stay still has a long runway. 🏗️ 2026 milestones: Choice expects the 600th extended stay to debut, the 300th WoodSpring Suites, and the 30th Everhome Suites 🏨 Choice share: Matt says Choice flags 50% of extended stay hotels under construction (WoodSpring + Everhome) ⏱️ Conversion window: roughly 3–6 months (sometimes faster) vs 18–24 months for new construction 🔄 Suburban Studios conversion strategy: convert 100+ key transient boxes into extended stay ✅ Progress marker: Choice crossed 20 Suburban Studios transformations, with 30 more in the pipeline 📍 Everhome pipeline includes Las Vegas-area sites: Henderson and north of Vegas near the base Want the weekly roundup of news, videos, and what you might've missed from #NoVacancyNews? Text HOTEL to 66866.

Episode metadata supplied by the publisher feed · Published May 8, 2026

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Choice Hotels Controls 50% of Extended Stay New Builds: What That Means

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