Extended-stay giant Extended Stay America (ESA) on Friday appointed Greg Juceam as president and chief executive officer, effective immediately. He succeeds Bruce Haase, who has stepped down to pursue other opportunities.
The news comes about eight months after the finalization of a deal that saw funds managed by Blackstone Real Estate Partners and Starwood Capital Group acquire ESA and its paired-share REIT, ESH Hospitality, for US$20.50 per paired share in cash in a transaction valued at approximately US$6 billion.
Juceam brings more than 26 years of hospitality industry leadership experience to this position, most recently serving as ESA Management’s executive vice president and chief operating officer.
Prior to joining ESA in November 2021, Juceam was president and COO of G6 Hospitality, which owns, operates, or franchises 1,400 economy lodging locations under the Motel 6 and Studio 6 brands. He previously served as CEO of BRE Hotels and Resorts, a hospitality real estate platform that represented more than 250 hotels in the upscale and luxury hotel segments. He has also held senior leadership positions at Interstate Hotels & Resorts, InterContinental Hotels Group and Bristol Hotels & Resorts.