Building on its extended stay growth strategy, Choice Hotels International, Inc. ( NYSE: CHH), signed an agreement on July 29, 2022, with Colorado-based real estate investment firm ServiceStar Capital Management—one of the largest extended stay developers in the nation—to develop 21 new Everhome Suites hotels. This transaction represents Choice's largest investment in the brand, outlining a significant expansion across the U.S. with future Everhome Suites planned in Colorado, Arizona, Utah, Nevada and Florida over the next few years.

Choice's newest brand, Everhome Suites, is a new construction, midscale extended stay offering featuring purpose-built accommodations for the way guests live and work during longer-term stays.

In addition to investing in Everhome Suites, ServiceStar Capital Management and their Development Partners are developing more than 50 WoodSpring Suites hotels across the country, building on their existing open and under development portfolio of WoodSpring properties throughout Colorado, Arizona, Utah, Nevada, Montana and Pennsylvania. They will also be developing WoodSpring Suites in Atlanta, GA and throughout Florida.

For more information on Everhome Suites development opportunities, go to choicehotelsdevelopment.com/everhome-suites.