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Extended Stay America, Inc. Opens 18 New Properties in September.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 1, 1997--Extended Stay America, Inc. (NYSE:ESA), the rapidly growing chain of extended stay lodging facilities, continued its national expansion program with the opening of 18 new properties in September.

A new 117-room Crossland Economy Studios property was opened at 3070 E. Texas St., Bossier City (Shreveport), Louisiana.

Twelve EXTENDED STAYAMERICA brand properties were opened at:

-- 10750 Quivira Rd., Overland Park (Kansas City), Kansas

(120 rooms)

-- 809 Bloodworth Ln., Pensacola, Florida (101 rooms)

-- 3430 Venture Pkwy., Duluth (Atlanta), Georgia (119 rooms)

-- 7555 S. Union Park Ave., Sandy (Salt Lake City), Utah

(134 rooms)

-- 653 Clark Rd., Rockford, Illinois (104 rooms)

-- 2700 Slater Rd., Morrisville (Raleigh/Durham), North

Carolina (120 rooms)

-- 3384 Norwest Ct., Eagan (Minneapolis), Minnesota (104 rooms)

-- 125 Extended Stay Dr., Amherst (Buffalo), New York (125 rooms)

-- 20251 Lake Forest Dr., Lake Forest (Los Angeles),

California (119 rooms)

-- 300 NE 115th Ave., Vancouver, Washington (116 rooms)

-- 4820 W. Reno Ave., Oklahoma City, Oklahoma (101 rooms)

-- 8309 W. Jefferson Blvd., Fort Wayne, Indiana (101 rooms)

Five StudioPLUS hotels were opened at:

-- 25801 Country Club Blvd., North Olmsted (Cleveland),

Ohio (92 rooms)

-- 2979 N. Stemmons Frwy., Dallas, Texas (98 rooms)

-- 2420 E. Lamar Blvd., Arlington (Dallas), Texas (138 rooms)

-- 5454 Hollister St., Houston, Texas (86 rooms)

-- 4715 N. Main St., Mishawaka (South Bend), Indiana (73 rooms)

The Company's first EXTENDED STAYAMERICA Efficiency Studios property opened in August, 1995, in Spartanburg, SC. In January, 1997, the Company launched the first Crossland Economy Studios in Independence, MO, and on April 11, 1997, the Company consummated a merger with Studio Plus Hotels, Inc. The Company now owns and operates 151 extended stay lodging properties in 32 states.

Following is a summary of the Company's development status as of September 30, 1997:

EXTENDED

Crossland STAYAMERICA StudioPLUS Total Operating Facilities 3 99 49 151 Facilities Under Construction 8 45 28 81 Sites Under Option 43 50 26 119

 Extended Stay America's three extended stay lodging brands often
operate concurrently in the same market. All properties are designed
to appeal to value-conscious guests on visits of a week or longer.
 Crossland Economy Studios, with rates generally ranging from
$159 to $199 per week, offer a double bed and kitchenette. EXTENDED
STAYAMERICA Efficiency Studios, with rates generally ranging from
$199 to $299 a week, offer a queen- size bed and kitchenette.
StudioPLUS hotels offer deluxe and queen studios, which include
kitchens, at rates generally ranging from $299 to $399 a week.
Weekly housekeeping and an on-premise guest laundry are provided at
all properties.
 The Company has previously announced plans to develop a total of
106 properties during 1997 and to operate a total of 181 properties
by the end of the year. The Company's goal is to become the nation's
leading provider of value priced extended stay lodging.
-0-
 NOTE TO EDITORS: For copies of recent press releases from
Extended Stay America via fax, at no charge, call 888/395-STAY
(7829). For company information, logo and photos via the Internet,
visit http://www.extstay.com

 In the World Wide Web address noted in this news release,
there is a double slash between http: and www.extstay.com. These
symbols may not appear properly in some systems.





CONTACT: Extended Stay America

Mariesa McClafferty, 954/713-1624

News-On-Demand: 888/395-STAY (7829)

URL: http://www.extstay.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 2, 1997
Words:551
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