Extended Stay America Sees a Potential Partner, Not a Threat From Airbnb

Although some financial analysts and others view Airbnb as a threat to the incumbents in the extended stay category, Extended Stay America officials believe the two companies address different markets and downplayed the challenge. During Extended Stay America's third quarter earnings call Tuesday, chief marketing officer Tom Seddon said Airbnb operates at the “very urban core” in markets including San Francisco, New York, and Miami. “Largely I think it is because they [Airbnb] really have been building in a different area,” Seddon said. “If you look at San Francisco, we don’t really have anything that is in that downtown San Francisco core. We have a ton of hotels in the genera