{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Choice Hotels Controls 50% of Extended Stay New Builds: What That Means","description":"Matt McElhare, Vice President &amp;amp; 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. \ud83c\udfd7\ufe0f 2026 milestones: Choice expects the 600th extended stay to debut, the 300th&amp;nbsp;WoodSpring Suites, and the 30th Everhome Suites \ud83c\udfe8 Choice share: Matt says Choice flags 50% of extended stay hotels under construction (WoodSpring + Everhome) \u23f1\ufe0f Conversion window: roughly 3\u20136 months (sometimes faster) vs 18\u201324 months for new construction \ud83d\udd04 Suburban Studios conversion strategy: convert 100+ key transient boxes into extended stay \u2705 Progress marker: Choice crossed 20 Suburban Studios transformations, with 30 more in the pipeline \ud83d\udccd 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\u2019ve missed from&amp;nbsp;#NoVacancyNews? Text HOTEL to 66866. ","author_name":"No Vacancy Live and No Vacancy News","author_url":"http:\/\/novacancy.libsyn.com\/podcast","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41209800\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/41209800"}