The Blackstone Group, a private equity firm, acquired Extended Stay America in May 2004 for US$3.1 billion in cash and debt. At the time of the merger, Extended Stay America operated 475 hotels; Blackstone increased that number with the addition of 132 from Homestead Studio Suites.

Greg Juceam February 11, 2022 - Categories: Hospitality News, Hotels: News, Extended-stay giant Extended Stay America (ESA) on Friday appointed Greg Juceam as president and chief executive officer, effective immediately. He succeeds Bruce Haase, who has stepped down to pursue other opportunities.

An extended stay hotel offers long term accommodation for guests. With amenities such as self-serve laundry and in-suite kitchens, they're a cost-effective and convenient alternative to renting a traditional apartment.

Wyndham Hotels & Resorts Inc The United States of America- Wyndham Hotels & Resorts Inc is the leading hotel chain in North America (by no. of properties). The company reported revenues of $1,565 million for the fiscal year ended December 2021 (FY2021), an increase of 20.38% over FY2020.

Here are the ten largest hotel management companies by properties under management in the United States:

• #1: Aimbridge Hospitality.
• #2: Hotel Equities.
• #3: HHM (Hersha Hospitality Management)
• #4: Pyramid Global Hospitality.
• #5: Highgate.
• #6: Concord Hospitality Enterprises.
• #7: GF Hotels and Resorts.
• #8: TPG Hotels.

A hotelier is a person who runs or owns a hotel. If you stay at a hotel, you may never see the hotelier, who is responsible for hiring and managing staff and keeping things running smoothly.

Marriott International Marriott International With 31 brands, 8,194 hotels, and over one and a half million rooms in 138 countries, it is the largest hotel chain in the world in 2023.

Amenities that extended stay hotels offer

• Wifi and internet: Enables guests to stay connected without a hitch.
• TV: Entertainment at guest fingertips.
• On-site laundry: For guest convenience.
• Kitchens: Allow the guests to cook their own meals.
• Facilities: Gyms, pools, and more.
• Meeting rooms: For the business traveller.

Extended stay hotels, also called serviced apartments or aparthotels are a type of lodging with features unavailable at standard hotels. These features are intended to provide more home-like amenities.

What are the major hotel groups? The major hotel groups in the USA are Hilton, Hyatt, Marriott, IHG, and Wyndham.

Marriott International Marriott International With 31 brands, 8,194 hotels, and over one and a half million rooms in 138 countries, it is the largest hotel chain in the world in 2023.

In this article, we will delve into the four primary categories of hotel ownership: franchised, privately owned and operated, leased, and managed, exploring the characteristics of each ownership type, along with their respective advantages and disadvantages.