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Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH Hospitality, Inc. , a real ...
Home2 Suites by Hilton opened its first property in Fayetteville, North Carolina in February 2011. It opened its 50th hotel in 2015. [6]In June 2020, Hilton has signed an exclusive management license agreement with Country Garden's Fanyard Hotels to introduce and develop the Home2 Suites by Hilton brand in China and planned to build more than 1,000 Home2 Suites in China.
Donald left Extended Stay in December, 2015. Investors Blackstone, Centerbridge, and Paulson were able to almost triple their investment when Extended Stay America Inc. went public in 2013. [ 11 ] He was CEO of Extended Stay America from 2012 to 2015 [ 12 ] Donald's first stint with Albertsons was from 1976 until 1991. [ 13 ]
Extended Stay America (STAY) has reached an agreement to be acquired by a 50/50 joint venture between Blackstone and Starwood Capital Group for $6 billion.
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Extended Stay America, Inc. ( NASDAQ:STAY ), might not be a large cap stock, but it led the NASDAQGS gainers with a...