WebMar 16, 2024 · Extended Stay America, Inc. STAY recently reached an agreement to be acquired by a 50/50 joint venture comprising Blackstone and Starwood Capital … WebGood people delivering an honest value. Extended Stay America is a hospitality company that goes beyond the basics of just simple accommodations. We pride ourselves in …
Affordable Short & Long-Term Hotels Extended Stay …
WebJul 6, 2024 · Blackstone has a long history with Extended Stay, having bought it for $3.1 billion in 2004 before selling it to Lightstone Group for $8.2 billion three years later. WebApr 21, 2024 · Extended Stay America, a prominent midprice hotel chain, has attracted investment from the two major real-estate investors, both of which have some history … here for you bt
Blackstone and Starwood Capital Group to Acquire …
Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. As of December 31, 2024, the company owned and operated 557 hotel properties consisting of approximately 61,900 rooms and franchised or managed 73 hotel properties consisting of approximately 7,500 rooms. Prior t… WebJun 21, 2024 · Blackstone Real Estate Partners and Barry Sternlicht’s Starwood Capital Group finally got their roughly $6 billion purchase of Extended Stay America across the finish line last week, financing most of the acquisition of the brand and its 560-hotel portfolio with $4.65 billion in CMBS debt that will soon hit the market, according to a Fitch … WebSep 21, 2024 · ESA officials announced Tuesday at The Lodging Conference that more than 100 hotels acquired by Blackstone and Starwood are being converted to Extended Stay America Select Suites, the... matthew reeves facebook