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.