Extended Stay America, Inc. Opens Its Second Property in New Mexico.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)--June 4, 1998-- 101-room Hotel Caters to "Extended Stay" Travelers in Rio Rancho 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. (NYSE NYSE See: New York Stock Exchange : ESA 1. (architecture) ESA - Enterprise Systems Architecture. 2. (body) ESA - European Space Agency. ), the fastest growing company owned and operated hotel chain in the U.S., has opened its second long-term lodging property in New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). : an Extended StayAmerica Efficiency Studios brand property at 2608 The American Road NW in Rio Rancho. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. President and Chief Executive Officer George D. Johnson, Jr., "The extended stay lodging market is the fastest growing segment of the hotel industry, and is quickly catching the interest of business professionals, people relocating and those on extended work assignments." The Company's first extended stay lodging property in New Mexico, a 132-room Crossland Economy Studios, opened in January in Albuquerque. The new three-story Extended StayAmerica brand property is accessible from NMSR NMSR New Mexicans for Science and Reason 528 and Alameda, just minutes from I-25. Weekly room rates are available from $229 - a fraction of the cost you'd pay elsewhere for similar features; nightly rates are also available. The Company plans to open a 124-room Crossland Economy Studios property in Albuquerque in November. "The appeal of our hotels reaches beyond the business and corporate community. Besides being ideal for professionals on extended or temporary assignments such as consulting or training, our properties are perfect for people building homes, relocating or attending family functions," said Mike Wilson Mike Wilson could refer to the following people:
Each room is fully furnished with a queen-size bed, recliner, cable TV with remote, voice mail with free local calls, and a computer data port. Each room also has a kitchen with a refrigerator, two-burner range, microwave, coffee maker, utensils and tableware. The property features an on-site laundry facility and vending machines. Guests are provided with weekly housekeeping service and twice-weekly towel service. Properties are generally staffed by five to six full-time and eight to ten part-time employees. Extended Stay America, Inc. was founded in January, 1995, by Mr. Johnson 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 Division of Blockbuster 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. The Company currently operates 229 extended stay lodging properties in 37 states, which includes 75 StudioPLUS Deluxe Studios, 144 Extended StayAmerica Efficiency Studios and 10 Crossland Economy Studios facilities. As of April 30, 1998, the Company had 89 facilities under construction, and options to purchase approximately 145 sites for development. For reservations, locations or additional information on Extended Stay America, Inc., please call 1-800-EXT-STAY or visit the Company's Web site at (www.extstay.com). -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 Capelli, 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 |
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