Who are the owners of Extended Stay Hotels?
Who are the owners of Extended Stay Hotels?
All hotels are either owned and/or managed by Extended Stay America, Inc. or one of its affiliates, or owned and operated by a franchisee of Extended Stay America, Inc. or one of its affiliates.
Where is the headquarters of Extended Stay America?
Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997. The company also developed the Crossland Economy Studios brand as a budget extended-stay hotel brand. In 2013, the company moved its headquarters from Spartanburg, South Carolina to Charlotte, North Carolina.
When was extended stay America acquired by Blackstone?
At the time of the merger, Extended Stay America operated 475 hotels; Blackstone increased that number with the addition of 132 from Homestead Studio Suites. Homestead, which was founded by Security Capital in 1992, had been acquired by Blackstone in November 2001 for US$740 million.
When did Extended Stay America acquire StudioPLUS hotels?
Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997. The company also developed the Crossland Economy Studios brand as a budget, extended-stay hotel compared the mid-priced StudioPLUS and economy Extended Stay America brands.
Who are the owners of Extended Stay America?
Extended Stay America is the convenient, affordable hotel choice for savvy business and leisure travelers alike. All hotels are either owned and/or managed by Extended Stay America, Inc. or one of its affiliates, or owned and operated by a franchisee of Extended Stay America, Inc. or one of its affiliates.
When was the first extended stay hotel opened?
The first two Extended Stay America hotels opened in August 1995 in Spartanburg, South Carolina and Marietta, Georgia. The company was listed on the NASDAQ on December 14, 1995. Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997.
At the time of the merger, Extended Stay America operated 475 hotels; Blackstone increased that number with the addition of 132 from Homestead Studio Suites. Homestead, which was founded by Security Capital in 1992, had been acquired by Blackstone in November 2001 for US$740 million.
Extended Stay America acquired the extended-stay hotel chain StudioPLUS on April 11, 1997. The company also developed the Crossland Economy Studios brand as a budget, extended-stay hotel compared the mid-priced StudioPLUS and economy Extended Stay America brands.