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Extended Stay Hotels is the culmination of a rapid expansion in the extended stay lodging market. Extended Stay America was founded in 1995 by a number of founders including management from Blockbuster Video and AutoNation. In 1996, Extended Stay America acquired StudioPLUS, continuing its growth. During this time the company also acquired Crossland Economy Studios. By August 2001, the company was added to S&P 400 as it quickly became the third largest owned and operated hotel company in the world and one of the faster-growing hotel chains in US history. Jump to: navigation, search 1995 was a common year starting on Sunday of the Gregorian calendar. ...
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The company was then bought in 2004 by the Blackstone Group. This private equity firm combined Extended Stay America with another long term lodging brand, Homestead Studio Suites Hotels. Originally called Homestead Village, it was started in 1992 by Security Capital in Santa Fe, New Mexico with its first properties located in Dallas and Houston. In 2001, Homestead was purchased by the Blackstone Group. Three years later, Homestead's 132 properties were combined with Extended Stay America's 485 hotels to form the new, integrated chain of Extended Stay Hotels. In 2005, the new company then launched its latest brand, Extended Stay Deluxe. Jump to: navigation, search 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...
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Extended Stay Hotels is now one of the most recognized brands in the extended stay industry. With the demand for this new type of accommodations on the rise, ESH continues to expand, currently offering over 670 properties with almost 73,000 rooms that service nearly all major US metropolitan areas.
External links
- Extended Stay Hotels
- Extended Stay America
- Crossland Studios
- StudioPLUS
- Homestead Hotels
- Extended Stay Deluxe
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