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In 2001, Intown Suites had a room occupancy rate of 87%, compared with a 73% average for the entire industry. [3] In 2002, Intown Suites expanded by purchasing Suburban Lodges of America for $99 million, [4] keeping its company-owned properties but spinning off its franchises into Suburban Extended Stay Hotels. [5]
TownePlace Suites is a brand operated by Marriott International. The chain is part of the mid-tier extended stay lodging segment of the hospitality industry and consists of all-suites hotels. The chain is part of the mid-tier extended stay lodging segment of the hospitality industry and consists of all-suites hotels.
Cobblestone was founded in 2008 with the opening of its first property in Clintonville, Wisconsin. [1] Since its founding, the brand has expanded to over 165 locations open or under construction with 50 more in development, and spread across 27 states.
White Lodging Services Corporation is a privately held American hotel management company. As of 2022, it manages about 50 hotels. [1] [2] White Lodging was founded in 1985 by Bruce W. White, who was the company's chairman. [3] [4] In January 2022, Jean-Luc Barone was named the company's CEO, replacing Ken Barrett who remains as president.
Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH Hospitality, Inc., a real estate investment trust and the owner of the hotels. As of 2022, there are 650+ Extended Stay America branded hotels.
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