Extended Stay America was founded in 1997 in Fort Lauderdale, Florida. The company operates an economy apartment chain with 760 apartment buildings/hotels. Of these, approximately 73 of these are franchises.
The company went public on the NASDAQ in 2013 under the ticker symbol STAY but was removed in 2021 after being acquired by Blackstone Real Estate and the Starwood Capital Group.
Extended Stay America is one of the top long-term hotel companies in the US, with more than 85,000 rooms.
Despite the coronavirus, the chain continues to expand, announcing in November 2022 that a new premier Extended Stay hotel was being built in Duncan, South Carolina.
Extended Stay America maintains a corporate office in Charlotte, North Carolina.
Extended Stay America was founded in 1997 in Fort Lauderdale, Florida. The company operates an economy apartment chain with 760 apartment buildings/hotels. Of these, approximately 73 of these are franchises.
The company went public on the NASDAQ in 2013 under the ticker symbol STAY but was removed in 2021 after being acquired by Blackstone Real Estate and the Starwood Capital Group.
Extended Stay America is one of the top long-term hotel companies in the US, with more than 85,000 rooms.
History
Despite the coronavirus, the chain continues to expand, announcing in November 2022 that a new premier Extended Stay hotel was being built in Duncan, South Carolina.
Extended Stay America maintains a corporate office in Charlotte, North Carolina.