{"id":1004157020,"date":"2016-10-26T05:49:24","date_gmt":"2016-10-26T13:49:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004157020"},"modified":"2020-05-12T01:01:51","modified_gmt":"2020-05-12T09:01:51","slug":"extended-stay-america-appoints-evp-chief-asset-merchant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/extended-stay-america-appoints-evp-chief-asset-merchant\/","title":{"rendered":"Extended Stay America Appoints EVP, Chief Asset Merchant"},"content":{"rendered":"<p><em>By IvyLee Rosario, Associate Editor<\/em><\/p>\n<p><strong>Charlotte, N.C<\/strong>.\u2014<a href=\"https:\/\/www.extendedstayamerica.com\/\" rel=\"nofollow\" target=\"_blank\">Extended Stay America<\/a> and its subsidiary, ESH Hospitality Inc., have found their new executive vice president &amp; chief asset merchant in the form of Jim Alderman, former chief development officer with <a href=\"https:\/\/www.kimptonhotels.com\/\" rel=\"nofollow\" target=\"_blank\">Kimpton Hotels and Restaurants<\/a>.<\/p>\n<div id=\"attachment_1004157030\" style=\"width: 298px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Extended-Stay-America-Hotel.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004157030\" data-attachment-id=\"1004157030\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/extended-stay-america-appoints-evp-chief-asset-merchant\/extended-stay-america-hotel\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Extended-Stay-America-Hotel.jpg\" data-orig-size=\"600,400\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Extended Stay America Hotel\" data-image-description=\"&lt;p&gt;Extended Stay America Hotel&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Extended Stay America Hotel&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Extended-Stay-America-Hotel.jpg?w=600\" class=\"wp-image-1004157030\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Extended-Stay-America-Hotel.jpg\" alt=\"Extended Stay America Hotel\" width=\"288\" height=\"192\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Extended-Stay-America-Hotel.jpg 600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Extended-Stay-America-Hotel.jpg?resize=300,200 300w\" sizes=\"auto, (max-width: 288px) 100vw, 288px\" \/><\/a><p id=\"caption-attachment-1004157030\" class=\"wp-caption-text\">Extended Stay America Hotel<\/p><\/div>\n<p>An executive leadership team member, Alderman will be responsible for executing the company\u2019s previously-announced \u201cESA 2.0\u201d asset merchant strategy, including development of the company\u2019s next-generation product through new construction and franchise sales, and asset management of the company\u2019s existing real estate portfolio, including sales and acquisitions, ongoing maintenance and future renovations.<\/p>\n<p>\u201cJim\u2019s vast experience and well documented track record of success makes him uniquely qualified to lead our future growth and development efforts. He is a terrific addition to what I believe is the best leadership team in our industry,\u201d said Gerry Lopez, president &amp; CEO of Extended Stay America.<\/p>\n<p>Alderman has more than 30 years of experience in commercial real estate, with a background in hotel and restaurant development, franchises, public\/private partnerships, investor relations, private equity fund investment and management contracts. \u201cHiring an executive of Jim\u2019s caliber is a great example of the progress we have made since sharing our vision and plans for growth and value creation with the investment community last summer,\u201d added Lopez.<\/p>\n<p><em>Image courtesy of Extended Stay America<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In his new role, Jim Alderman will be responsible for executing the company\u2019s asset merchant strategy. <\/p>\n","protected":false},"author":746,"featured_media":1004157030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21751,21742,21744],"tags":[],"class_list":["post-1004157020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-hotel","category-latest","category-people"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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