than 20 colleges to offer off-campus housing to both students and staff during the pandemic ceo bruce hauserill join us in a moment, but first let's see seema mody about this move seema? >> extended stay america is one of the hotels that have outperformed with an occupancy rate of 81% in august compared to the actual average of 49% the company is trying to disrupt the student housing market that's been hit with defaults and temporary closures they're hoping their hotel rooms that come with with a kitchen will look attractive to students bruce hauser from extended stay. bruce, welcome you've already partnered with several universities will students live here? >> we were an early mover in this area. we saw that there was demand way back in march when dorms closed rather quickly many students didn't have a place to go. we really thought our product was a perfect fit for the needs of these students. it's been well received, as you mentioned. we've had partnerships with 20 universities and we continue to reach out. that's been welcomed and we can imagine the revenue in millions of dollars at this