Extended Stay America Inc.

Recent Events

News & Analysis

extended stay america inc. - All News and Analysis

• Drop in for an Extended Stay

  - 2005-11-21

  Industry Report THEY ARE HOMES away from home and they are slowly finding a place in the plans of cost-conscious corporate travelers. Popularly known as extended-stay hotels, the big names in the field include Extended Stay America, Residence Inn by Marriott, Wellesley Inn & Suites, Candlewood Suites and...

  Tags: Extended Stay America Inc.

• Vornado Repaid $83 Million Extended Stay America Loan

  - 2005-05-11

  PARAMUS, N.J. -- Vornado Realty Trust (NYSE:VNO) announced that today it has been repaid the $83 million loan it made to Extended Stay America, Inc., including a prepayment penalty of $830,000. Vornado Realty Trust is a fully-integrated equity real estate investment trust. Certain statements contained herein may constitute...

  Tags: Extended Stay America Inc., Vornado Realty Trust

• Extended Stay America.(PARTNERSHIPS AND DEALS)(Brief Article)

  - 2005-04-01

  Extended Stay America is using the Ground Transient Terminator from 9 Corp to protect alarm control panels in its hotels from power surges and lightning strikes.

  Tags: Extended Stay America Inc.

• One injured after car backs into Buffalo Grove motel.(News)

  - 2004-07-11

  Byline: Chris Freiberg Daily Herald Staff Writer Guests at the Extended Stay America located at 1525 E. Busch Pkwy. in Buffalo Grove had to be evacuated Saturday afternoon after a car struck the east wing of the building, causing damage to its structural integrity....

  Tags: Extended Stay America Inc.

• Extended Stay Hotels' brands find a home

  - 2004-06-21

  Spartanburg, S.C. -- The extended-stay segment's new 300-pound gorilla is busy settling into its position as the sector's largest supplier. Extended Stay Hotels, a company formed after The Blackstone Group acquired the assets of Extended Stay America, has no plans to divest any of its brands or enter the...

  Tags: Blackstone Group LP, Extended Stay America Inc.

• The Blackstone Group Completes Acquisition of Extended Stay America, Inc

  - 2004-05-11

  Business Editors/Travel Writers SPARTANBURG, S.C.--BUSINESS WIRE--May 11, 2004 Extended Stay America, Inc. announced today that it has completed its merger with an affiliate of The Blackstone Group. Under the terms of the merger agreement, ESA stockholders will receive $19.625 per share in cash, without interest. As of...

  Tags: Blackstone Group LP, Extended Stay America Inc.

• Founder of Spartanburg, S.C.-Based Hotel Chain Has Big Plans for after Sale.

  - 2004-05-09

  By Chris Winston, Herald-Journal, Spartanburg, S.C. Knight Ridder/Tribune Business News May 9--George Dean Johnson is burning up. But he's not yet ready to talk about the flames. It's no secret that Johnson, who will complete the sale of Spartanburg-based ...

  Tags: Blockbuster Inc., Extended Stay America Inc.

• Shareholders Approve Buyout of Spartanburg, S.C.-Based Extended Stay America.

  - 2004-05-08

  By Chris Winston, Herald-Journal, Spartanburg, S.C. Knight Ridder/Tribune Business News May 8--Iris Pierce was nearly 60 and out of work when she walked up to a new Hearon Circle hotel to apply for a job. Little did she know that she ...

  Tags: Blackstone Group LP, Extended Stay America Inc.

• Extended Stay America, Inc. Stockholders Approve Merger Agreement

  - 2004-05-07

  Lifestyle Editors/Business Editors/Travel Writers SPARTANBURG, S.C.--BUSINESS WIRE--May 7, 2004 Extended Stay America, Inc. (NYSE: ESA) announced today that the stockholders of the Company voted to adopt the Agreement and Plan of Merger among the Company and affiliates of The Blackstone Group at a special stockholders' meeting held today...

  Tags: Extended Stay America Inc.

• Extended Stay America, Inc. Announces Determination of Purchase Price in Its Tender Offer for Its 9 7/8% Senior Subordinated Notes Due 2011

  - 2004-05-07

  Lifestyle Editors/Business Editors/Travel Writers SPARTANBURG, S.C.--BUSINESS WIRE--May 7, 2004 Extended Stay America, Inc. announced today the determination of the consideration to be paid in its previously announced cash tender offer (the "Offer") and consent solicitation for any and all of its 9 7/8% Senior Subordinated Notes due 2011...

  Tags: Extended Stay America Inc.