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Hotels and motels

Extended Stay America Expands in Washington, D.C. Area

Strategic Insights

— 1 min read

Extended Stay America, Inc., the fastest growing company-owned and operated hotel chain in the U.S., has opened its second Extended StayAmerica Efficiency Studios brand property in the Washington, D.C. area. Located at 9401 Largo Drive West in Landover, Md., the three-story, 104-room hotel is accessible from the Beltway (495) and offers weekly room rates starting at $269. This latest expansion marks the company's growing presence in the extended stay lodging market, which is quickly gaining popularity among business professionals, people relocating, and those on extended work assignments.

Key Takeaways:

  • Extended Stay America has opened its second Extended StayAmerica Efficiency Studios property in the Washington, D.C. area, marking its growing presence in the extended stay lodging market.
  • The company's fastest-growing segment, extended stay lodging, is attracting business professionals, people relocating, and those on extended work assignments.
  • The 104-room hotel at 9401 Largo Drive West in Landover, Md. offers fully furnished rooms, kitchen facilities, and amenities like laundry facilities and vending machines.
  • Extended Stay America operates 249 extended stay lodging properties in 37 states, with 81 StudioPLUS Deluxe Studios, 152 Extended StayAmerica Efficiency Studios, and 16 Crossland Economy Studios facilities.
  • The company has 96 facilities under construction and options to purchase approximately 146 sites for development.

Statistics:

  • The extended stay lodging market is the fastest-growing segment of the hotel industry.
  • The 104-room Extended StayAmerica Efficiency Studios at 9401 Largo Drive West in Landover, Md. features 3 floors and 104 rooms.
  • Weekly room rates start at $269, with nightly rates also available.
  • The hotel is staffed by 5-6 full-time and 8-10 part-time employees.
  • Extended Stay America operates in 37 states with 249 facilities.

Sources:

  • Extended Stay America, Inc. press release, August 5, 1998
  • Extended Stay America, Inc. website at http://www.extstay.com (Note: The correct World Wide Web address is noted in the original text; the double slash between http: and www.extstay.com may not appear properly in some systems.)
  • Business Wire, August 5, 1998

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