Futurestay announces New CEO

Futurestay today announced the appointment of Thomas Sparico as Futurestay CEO.  Sparico has been involved with Futurestay for the past few years as an investor and, more recently, a board member. His formal appointment to the leadership team marked the first of several new Futurestay hires from Priceline, Kayak and other online travel industry leaders  to further accelerate growth.

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“Futurestay has always been a first mover in this space, and has managed to set the pace for the better part of a decade. That speaks to the deep potential of Futurestay’s expanded role in a $100B industry projected to keep growing”, said Sparico. 

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Sparico, a well-known entrepreneur, operator and investor from the tourism and hospitality industry and part of the founding team at Priceline.com, brings a successful track record for growth with several companies at a growth stage similar to Futurestay. Joining Futurestay amid a renewed commitment to innovation in the industry it pioneered, Sparico  will continue to work closely with the board of directors, the leadership team, and founder Phillip Kennard to extend the mission of the company and capitalize on a significant market opportunity. 

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“From the beginning, Futurestay has been about creating ease and access for those we call rentalpreneurs;  the millions of everyday people that power the short-term rental industry but aren’t always recognized for their impact.”, said Kennard.  “With the appointment of an experienced CEO to manage our growth plans, I can push further on our mission to educate and advocate for rentalpreneurs looking to build, grow and optimize their business.”