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MarketScreener Homepage  >  Equities  >  Nyse  >  Extended Stay America Inc    STAY

EXTENDED STAY AMERICA INC

(STAY)
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Extended Stay America Extends Presence in Charlotte Area With Acquisition of Hotel in Rock Hill, SC

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05/31/2018 | 11:56am EDT

ROCK HILL, S.C., May 31, 2018 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NYSE:STAY), the largest owner-operator extended stay hotel chain nationwide, today announced the acquisition of its newest property in Rock Hill, S.C. Located at 1835 Canterbury Glen Lane, the recently built hotel integrates elements of design, comfort and convenience to provide an enhanced guest experience at an outstanding value.

The property grows Extended Stay America’s offering in the Charlotte area, bringing the brand’s presence to eight hotels in its hometown market. Conveniently located, the hotel is easily accessible for business travelers commuting to the area or working in the growing I-77 business corridor that runs directly through Charlotte.

Extended Stay America Rock Hill includes fresh contemporary interior designs and a lobby concept with an open, inviting social space for guests. The bright, spacious suites feature pillow-top beds, comfortable recliners and a large, flexible workspace. 

As with all Extended Stay America hotels, guests have the ability to create home-cooked meals away from home with fully equipped kitchens with full size refrigerators and cooktops. Each room also has extra personal device charging capability conveniently located near sitting and sleeping areas, enhanced free Wi-Fi speeds and 39-inch high-definition televisions with premium cable. Rooms will soon offer HBO and casting capability to enhance the stay even further.

Additional amenities at the Rock Hill property include pet-friendly rooms, free grab-and-go breakfast, an on-premise laundry facility, a fitness center and an outdoor lounge area with a grill.

“Charlotte is a crucial market for Extended Stay America and we’re excited to continue to raise the brand’s profile right here in our backyard, serving as a leader in both the category and our local community,” said Jim Alderman, Chief Development Officer, Extended Stay America. “Extended Stay America Rock Hill offers the design style and features that guests prefer and a convenient location with close proximity to the major corporations headquartered in and around Charlotte, all for an affordable price.”

The Rock Hill hotel is a continuation of Extended Stay America’s strategic growth plan. While keeping the evolving extended stay traveler in mind and staying uniquely focused on the mid-priced segment, those plans will expand and improve the Extended Stay America portfolio with new development, franchising and renovation nationwide. 

For photos of Extended Stay America Rock Hill, visit:  https://coynepr.sharefile.com/share/view/5b31c585a9c5458e

For information about booking at Extended Stay America Rock Hill, visit extendedstayamerica.com/crh or call (803) 620-8180.

About Extended Stay America
Extended Stay America, Inc. (“ESA”) is the largest integrated hotel owner/operator in North America.  Its subsidiary, ESH Hospitality, Inc. (“ESH”), is the largest lodging REIT in North America by unit and room count, with 599 hotels and approximately 66,000 rooms in the U.S. ESA Management, LLC manages all of ESH’s hotel properties and also manages 27 additional Extended Stay America hotels for third parties, providing over 8,000 jobs at Extended Stay America hotels and corporate headquarters. Extended Stay America® is the leading brand in the mid-priced extended stay segment, with approximately twice as many rooms as its nearest competitor. Visit www.esa.com for more information.

CONTACTS:

Investors:
Rob Ballew
(980) 345-1546
investorrelations@esa.com 

Media:
Terry Atkins
(980) 345-1648
tatkins@esa.com

Cristin Urban
(973) 588-2000
curban@coynepr.com

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© GlobeNewswire 2018
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Managers
NameTitle
Jonathan S. Halkyard President, Chief Executive Officer & Director
Douglas Gerard Geoga Chairman
Brian T. Nicholson Chief Financial Officer
Richard F. Wallman Independent Director
Kapila Kapur Anand Independent Director
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