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Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. 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 ...
Innsbrook is a mixed-use corporate center in Central Virginia that was founded in 1979 by local developer Sidney Gunst on property owned by David Arenstein and Henry Stern. Located approximately 13 miles northwest of Richmond’s central business district at the confluence of I-64 and I-295, the development is the region’s second largest ...
A year after the bankruptcy, Blackstone was sued by creditors of Extended Stay America alleging that Blackstone "skimmed" US$2.1 billion off of the sale to Lightstone and knew that the amount of debt would have been unsustainable for the hotel chain; Blackstone settled the lawsuit in June 2013 for US$10 million. [11]
North America Europe Middle E. & Africa Asia & Pacific Caribbean Latin Am. Total 2015 [11]: Properties 5 78 83 Rooms: 911: 9,551: 10,462 2016 [12]: Properties
Residence Inn by Marriott is a brand of extended stay hotels.As of June 1, 2021, there were 874 Residence Inn hotels in the United States, Canada and Mexico with 107,680 rooms, plus an additional 243 hotels with 30,417 rooms in the development pipeline.
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