Profile: Extended Stay America Inc (STAY.N)
12 Oct 2015
Extended Stay America, Inc. (Extended Stay), incorporated on July 08, 2013, is an integrated owner/operator of company-branded hotels in North America. The Company's business operates in the extended stay lodging industry. As of December 31, 2014, the Company owned and operated 682 hotels comprising 76,000 rooms located in 44 states across the United States and in Canada. It owns and operates 632 of its hotels under its brand, Extended Stay America, which serves the mid-price extended stay segment. In addition, the Company owns and operates three Extended Stay Canada hotels and 47 hotels in the economy extended stay segment under the Crossland Economy Studios brand.
The Company operates the 682 hotels owned by its subsidiary, ESH Hospitality, Inc. (ESH REIT). The Company's hotels feature furnished rooms with in-room kitchens, complimentary grab-and-go breakfast, free WiFi, flat screen TVs and limited housekeeping service, which is provided on a weekly basis. Its guests include business 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 rent accommodations on a weekly or longer term basis.
The Company competes with Priceline.com, Expedia.com and Travelocity.com.
Extended Stay America Inc
11525 N Community House Rd Ste 1
CHARLOTTE NC 28277-3610