Extended Stay America has announced a change of CEO from January 1, with the current chief financial officer Jonathan S. Halkyard stepping in, while the current president and CEO will serve as a senior advisor until March 18.

The current treasurer and vice president of financial planning and analysis will serve as acting chief financial officer while it conducts a nationwide search for a permanent CFO.

Extended Stay America has 624 hotels throughout North America, primarily acting as an owner-operator, with active  competition from brands including Choice Hotels’ Suburban Extended Stay and its soon-to-be-added WoodSpring Suites. All are now modernising their offerings to suit travellers who have become accustomed to homesharing.

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