Choice Hotels CEO Stephen Joyce spoke with USA TODAY recently to discuss his transition into the top job, the effects of the economic downturn and his desire to acquire more upscale brands.
Stephen Joyce joined Choice Hotels International in May 2008 as president and soon became CEO of the company best known for Comfort Inn, Clarion and other budget chains.
Joyce didn't have to move far to join his Silver Spring, Md.-based employer, having worked at Marriott for 25 years just a few miles away.
He spoke with USA TODAY recently to discuss his transition into the top job, the effects of the economic downturn and his desire to acquire more upscale brands.
•How is the economy affecting your business?
We have worked with franchisees to be relatively lean already. When you see some lodging companies shortening breakfast hours or something else to save money, we've done a great deal of that already.
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Source - USATODAY
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