United States

Profile: Extended Stay America Inc (STAY.N)

STAY.N on New York Stock Exchange

27 Mar 2017
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Extended Stay America, Inc. (Extended Stay), incorporated on July 8, 2013, is an integrated owner/operator of company-branded hotels in North America. The Company operates in hotel operations segment. The Company's business operates in the extended stay lodging industry. The Company owns and operates approximately 630 hotels comprising over 69,400 rooms located in approximately 40 states across the United States and in Canada. It owns and operates its hotels under its core brand, Extended Stay America, which serves the mid-price extended stay segment. In addition, the Company owns and operates over three Extended Stay Canada hotels. The Company operates its hotels owned by ESH Hospitality, Inc. (ESH REIT). The hotels are operated by the Operating Lessees, subsidiaries of the Company and are managed by ESA Management LLC (ESA Management), a subsidiary of the Company. ESH Strategies, a subsidiary of the Company, owns the brands related to its business.

The Company's extended stay hotels are designed to provide lodging or apartment accommodations. The Company's hotels feature rooms with in-room kitchens, complimentary grab-and-go breakfast, free Wireless Fidelity (WiFi), flat screen televisions and on-site guest laundry. Its guests include business travelers, leisure travelers, professionals on temporary work or training assignments, persons relocating, temporarily displaced or purchasing a home and anyone else in need of temporary housing. Its guests generally rent accommodations on a weekly or longer-term basis. The Company's guests stay 1-6 nights, 7-29 nights, and 30 or more nights.

The Company competes with Priceline.com, Booking.com, Expedia.com and Travelocity.com.

Company Address

Extended Stay America Inc

11525 N Community House Rd Ste 1
CHARLOTTE   NC   28277-3610
P: +1980.3451600
F: +1302.6745266

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