Extended Stay America - Ownership and Business Overview

LeisureCompany

Extended Stay America Ownership

Who owns Extended Stay America?

Extended Stay America is owned by Starwood Capital Group and The Blackstone Group. It was acquired on March 15, 2021.

Is Extended Stay America PE-backed?

Yes. Extended Stay America is owned by private equity investors Starwood Capital Group and The Blackstone Group.

Was Extended Stay America formerly PE-backed?

Yes. Extended Stay America was formerly owned by 2 private investors.

Extended Stay America Business Overview

Where is Extended Stay America headquartered?

Extended Stay America is headquartered in Charlotte, North Carolina.

What is Extended Stay America’s revenue?

Extended Stay America disclosed revenue of 1,042M USD for 2020 and 1,218M USD for 2019.

How many employees does Extended Stay America have?

Extended Stay America has 3,500 employees.

What sector is Extended Stay America in?

Extended Stay America is a leisure company.

When was Extended Stay America founded?

Extended Stay America was founded in 1995.

Leisure M&A Summary in 2021

Out of 60 sectors in the Mergr database, leisure ranked 46 in number of deals in 2021. The largest leisure acquisition in 2021 was Extended Stay America - which was acquired by The Blackstone Group for $6.0B.

Join Mergr to view all 47 acquisitions of leisure companies in 2021, including 15 acquisitions by private equity firms, and 32 by strategics.

Extended Stay America

Extended Stay America, Inc.

11525 North Community House Road, Suite 100,
Charlotte, North Carolina 28277
United States,
(980) 345-1600
www.extendedstayamerica.com

Extended Stay America is an operator of moderate-price extended-stay hotels in North America, with 600+ hotels and approximately 76,000 rooms located in 44 states and Canada. The Company currently operates under five brands in the extended-stay segment: Extended Stay Deluxe, Extended Stay America, Homestead Studio Suites, StudioPlus and Crossland. Extended Stay America is headquartered in Charlotte, North Carolina.


Company Summary

SECTOR

Leisure

Revenue

1,042   15% 2020
1,218   5% 2019
1,275   1% 2018
1,283   1% 2017
1,271   2016
(millions of USD) Show More Show Less

Employees

3,500

Established

1995

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