Corporate Profile for Extended Stay America, dated Feb. 27, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Feb. 27, 1998
Company Name: Extended Stay America, Inc.
Address: 450 E. Las Olas Blvd., No. 1100
Fort Lauderdale, FL 33301
Main Telephone
Number: 954/713-1600
Internet Home
Page Address
(URL) extstay.com
Chief Executive
Officer: George D. Johnson, Jr.
Chief Financial
Officer: Robert A. Brannon
Investor Relations
Contact: Mariesa Capelli
Business number: 954/713-1624
Public Relations
Contact: Mariesa Capelli
Business number: 954/713-1624
Trading Symbol/
Exchange: NYSE:ESA
Industry: Hospitality
Company description: Extended Stay America The first Extended Stay America hotels opened in 1995 by a number of founders including management from Blockbuster Video and AutoNation. In 1996, Extended Stay America acquired StudioPLUS, further continuing its growth. , Inc. develops, owns and manages extended stay lodging properties designed for business and personal travelers in need of affordable, high quality lodging for extended periods of time. Extended Stay America owns and operates three brands of extended stay lodging properties: Crossland Economy Studios, Extended StayAmerica Efficiency Studios and StudioPLUS Deluxe de·luxe also de luxe adj. Particularly elegant and luxurious; sumptuous: deluxe accommodations; a de luxe automobile. adv. Studios. The company was founded in January, 1995, by George D. Johnson, Jr. and H. Wayne Huizenga Harry Wayne Huizenga (born on December 29, 1937 in Evergreen Park, Illinois) is an American businessman who has built several companies into multi-billion dollar enterprises, mostly through an aggressive process of acquisitions. . Mr. Johnson was formerly President of the Consumer Products Group of Blockbuster block·bust·er n. 1. Something, such as a film or book, that sustains widespread popularity and achieves enormous sales. 2. A high-explosive bomb used for demolition purposes. 3. Entertainment Corp., a division of Viacom, Inc. Mr. Huizenga, who is Chairman of the Board, also is Chairman and Co-chief Executive Officer of Republic Industries, Inc., and formerly was Vice Chairman of Viacom, Inc., and Chairman and Chief Executive Officer of Blockbuster Entertainment Corp. In December, 1995, the company held an Initial Public Offering and began trading on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on . The company opened its first Extended StayAmerica Efficiency Studios property in Spartanburg, S.C., in August, 1995. In January, 1997, the company launched its second brand, Crossland Economy Studios, in Independence, Mo. In April, 1997, Extended Stay America, Inc. merged with Studio Plus Hotels, Inc., a Lexington, Ky. based extended stay lodging chain. In June, 1997, Extended Stay America, Inc. began trading on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE NYSE See: New York Stock Exchange ) under the symbol "ESA 1. (architecture) ESA - Enterprise Systems Architecture. 2. (body) ESA - European Space Agency. ." CONTACT: Extended Stay America, Inc., 954/713-1600 |
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