Extended Stay America, Inc. Opens 18 New Properties in September.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Oct. 1, 1997--Extended Stay America, Inc. (NYSE NYSESee: New York Stock Exchange :ESA 1. (architecture) ESA - Enterprise Systems Architecture. 2. (body) ESA - European Space Agency. ), 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 Bossier City (bō`zhər), city (1990 pop. 52,721), Bossier parish, NW La., on the Red River, across from Shreveport, with which it is connected by several bridges; inc. 1907. Barksdale Air Force Base, home of the Second U.S. (Shreveport), Louisiana. Twelve EXTENDED STAYAMERICA brand properties were opened at: -- 10750 Quivira Rd., Overland Park Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. (Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). ), 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 New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (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 “OKC” redirects here. For the airport, see Will Rogers World Airport. Oklahoma City is the capital of the U.S. state of Oklahoma. The county seat of Oklahoma County, the city is the 30th largest city in the U.S. (101 rooms) -- 8309 W. Jefferson Blvd., Fort Wayne, Indiana “Fort Wayne” redirects here. For other uses, see Fort Wayne (disambiguation). Fort Wayne is a city in northeastern Indiana, USA and the county seat of Allen County. Fort Wayne is Indiana's second largest city after Indianapolis. (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 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. Mariesa McClafferty, 954/713-1624 News-On-Demand: 888/395-STAY (7829) URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.extstay.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion