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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 ...
The hotel chain was founded as Value Place in 2003 by Jack DeBoer. [2] In April 2015, the brand changed its name from Value Place to WoodSpring Suites. [3] [4] In December 2017, Woodsprings Suites was sold to Choice Hotels for approximately $230 million. [5] [6] As of June 30, 2020, there are 281 hotels with 33,797 rooms in the chain. [1]
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.
An apartment hotel or aparthotel (also residential hotel, or extended-stay hotel) is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.
Extended Stay America, Inc. ( NASDAQ:STAY ), might not be a large cap stock, but it led the NASDAQGS gainers with a...
The final Adam's Mark Hotel, in Buffalo, New York A former Alamo Plaza Hotel Courts location in Waco, Texas. Adam's Mark; Admiral Benbow Inn [1]; Alamo Plaza Hotel Courts; Albert Pick
The owners of Paragon Boardwalk seek once more to build 132 apartments and just under 7,000 square feet of retail in the space dubbed the "gateway" to Hull. ... will also stay put. But the arcade ...
Homewood Suites by Hilton is an American chain of all-suite residential-style hotels owned by Hilton Worldwide.As of December 2019, the chain consists of 505 hotels in 4 countries and territories with 57,545 rooms. 490 Homewood Suites hotels are independently owned and operated by franchisees with 55,899 rooms, while 15 hotels are managed with 1,646 rooms. [1]