Extended Stay America

Extended Stay America is a Charlotte, North Carolina-based chain of discount apartment motels with around 650 locations.

The business was founded in 1995 in Fort Lauderdale, Florida by George Johnson Jr and Wayne Huizenga, who took it public late that year. Controlling interest in the chain was purchased by the Blackstone Group of New York City in 2004 and merged with its Homestead Studio Suites brand, which also managed its StudioPlus and Crossland properties. Blackstone sold that portfolio to David Lichtenstein's Lightstone Group, also of New York City, for $8 billion in 2007. The leveraged buyout fell victim to the Great Recession, and forced the chain into Chapter 11 bankruptcy proceedings.

In July 2010 a consortium of Blackstone, Paulson & Co., and Centerbridge Partners bought Lightstone's interest in Extended Stay America at auction for $3.93 billion. A lawsuit brought by the chain's other creditors was settled for $10 million in June 2013. The business offices moved to Charlotte that year.

Extended Stay America went private in 2021 when Blackstone Real Estate and the Starwood Capital Group acquired all outstanding shares.

Birmingham area locations

• Extended Stay America - Birmingham - Wildwood, 40 State Farm Parkway, Wildwood
• Extended Stay America Select Suites - Birmingham - Pelham, 101 Bishop Circle, Pelham
• Extended Stay America Select Suites - Birmingham - Inverness, 101 Cahaba Park Circle, Inverness
• Extended Stay America Select Suites - Birmingham - Bessemer, 5535 Academy Way, Bessemer
• Extended Stay America Select Suites - Tuscaloosa, 4600 Doris Pate Drive, Tuscaloosa

Former locations

• Extended Stay America - Birmingham - Perimeter Park South, 12 Perimeter Park South, Colonnade (closed 2023)

References

• "Extended Stay America" (April 18, 2022) Wikipedia - accessed October 2, 2023