Join us in this insightful episode as we dive into the fascinating journey of Paul Novak, a seasoned hotel industry veteran with over 54 years of experience.

Paul shares his story, from his early days in hotel development to his involvement with the extended stay segment, including his experiences with iconic brands like Marriott, Residence Inn, and Woodspring Suites.

Discover the secrets behind his success, the challenges he faced, and the discipline required to thrive in the ever-evolving hospitality landscape.

Whether you're a seasoned hotelier or just starting out, this episode offers valuable lessons and inspiration for anyone interested in the hotel industry.

Main Points:

• Paul Novak’s extensive 54-year career in hotel development.
• His pivotal role in the growth of extended stay brands like Residence Inn and Woodspring Suites.
• Insights into the extended stay segment's potential and challenges.
• The importance of discipline in maintaining a successful extended stay model.
• The evolving landscape of hotel investment and development.
• Paul's passion for creating new opportunities and his ongoing involvement in the industry.

Thanks to choicehotelsdevelopment.com and Dellisart.com for sponsoring this epsiode.

Jeff Thomas is VP of Marketing at My Place Hotels. We chatted about the unique marketing strategies required for extended-stay hotels. Recorded during the My Place Hotels Annual Conference, this episode covers:

• How My Place leverages its brand website and OTAs to attract long-term guests.

• The importance of storytelling in creating an emotional connection with potential guests.

• New technologies like virtual tours to enhance customer online experiences.

• Insights on marketing to construction crews, nursing teams, and corporate contracts.

• Collaboration between marketing and national sales teams to capture high-value guests.

• Upcoming innovations and distribution channels at My Place Hotels. Tune in for an in-depth look at how to market extended stays in today’s competitive hospitality environment!

Ryan Rivett, is not just a CEO but the driving force behind My Place Hotels. We discuss discuss the incredible growth and vision of the brand. From the company's 6th convention to the introduction of "My Place 3.0" and the future of the conversion brand Trend, Ryan talks about the company's unique approach to blazing new trails, how they are empowering the next generation of leaders, and the importance of partnerships and delegation.

Main Points:

• Growth and excitement at the 6th My Place Hotels convention
• Introduction of "My Place 3.0" and its new prototype
• Expansion with franchisees and properties
• The launch of the Trend conversion brand
• Emphasis on leadership, partnerships, and delegation within the company
• Future opportunities in new construction and acquisitions
• Impact of the upcoming presidential election on the industry