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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 ...
Wayne Huizenga was his business partner in the creation of Extended Stay America and later was involved in the creation of a major Blockbuster franchise, which eventually included 208 stores. [6] The pair later merged with Blockbuster, where Johnson was named a company president. [6] [7]
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Bigelow owns Budget Suites of America, an extended-stay apartment chain founded in 1987. [9] It caters to budget travelers needing to stay for an extended period. Its rooms are primarily suites featuring a full kitchen. Budget Suites owns three hotels in Phoenix, Arizona; five in Las Vegas, Nevada; ten in Dallas, Texas; and one in San Antonio ...
On April 24, 2018, the American Customer Satisfaction Index published a study of America's most popular hotel chains, placing G6 Hospitality's Motel 6 at the bottom of the category for the second year in a row. [18] As of August 2022, the most expensive motel in the entire Motel 6 chain was the first one in Santa Barbara, California. [19]
In 2004, IHG acquired the Candlewood Suites brand, a midscale extended stay hotel brand with 108 franchised properties in the United States, for $15 million. [ 21 ] [ 22 ] IHG divested its soft drink holdings in 2005, selling its 48 percent stake in Britvic for £371 million through an initial public offering .