Company Press Release
February 11, 2000
FORT LAUDERDALE, FL -- Extended Stay America, Inc. (NYSE:ESA) has opened a three-story Extended StayAmerica Efficiency
Studios brand hotel at 1413 Prudential Drive in Jacksonville, Fla. The 101-room hotel is the Company's 24th hotel
in the state and its 366th property overall.
According to President and Chief Executive Officer George D. Johnson, Jr., ``The extended-stay lodging market is
the fastest growing segment of the hotel industry, and is quickly catching the interest of business professionals,
people relocating and those on extended work assignments.''
Weekly room rates for the new Extended StayAmerica hotel are available from $349 for a Queen room and nightly rates
are available from $69--a fraction of the cost you'd pay elsewhere for similar features.
Guest rooms at Extended Stay America properties include a queen-size bed, recliner, cable TV with remote, free
voice mail, free local calls, and a computer data port. Each room also has a kitchen with a refrigerator, two-burner
range, microwave, coffee maker, utensils and tableware.
The property features a 24-hour, coin-operated, on-site laundry facility for guests and convenient vending machines.
Guests are provided with weekly housekeeping service and twice-weekly towel service. Properties are generally staffed
by five to six full-time and eight to ten part-time employees.
Extended Stay America, Inc. owns and operates 23 other Florida-based extended stay hotels under its StudioPLUS
Deluxe Studios, Extended StayAmerica Efficiency Studios and Crossland Economy Studios brand names located in Daytona
Beach, Fort Lauderdale, Gainesville, Jacksonville, Maitland, Melbourne, Orlando, Pensacola, Tallahassee, Tampa
and West Palm Beach.
The Company also has three Extended StayAmerica Efficiency Studios hotels currently under construction in Miami,
Orlando and Plantation, Fla. that are expected to open by mid-2000.
``The appeal of our hotels reaches beyond the business and corporate community. Besides being ideal for professionals
on extended or temporary assignments such as consulting or training, our properties are perfect for people building
homes, relocating or attending family functions,'' said Mike Wilson, Vice President - Marketing.
Extended Stay America, Inc. was founded in January, 1995 by Mr. Johnson and H. Wayne Huizenga. Mr. Johnson was
formerly President of the Consumer Products Division of Blockbuster Entertainment Corp., a division of Viacom,
Inc. Mr. Huizenga, who is Chairman of the Board, also is Chairman and Co-Chief Executive Officer of AutoNation,
Inc. and formerly was Vice Chairman of Viacom, Inc., and Chairman and Chief Executive Officer of Blockbuster Entertainment
Corp.
The Company, which is the fastest-growing company owned and operated hotel chain in U.S. history, currently operates
366 extended stay lodging hotels in 38 states, which includes 91 StudioPLUS Deluxe Studios, 236 Extended StayAmerica
Efficiency Studios and 39 Crossland Economy Studios facilities.
For reservations, locations or additional information on Extended Stay America, Inc., please call 1-800-EXT-STAY
or visit the Company's Web site at www.extstay.com.
NOTE TO EDITORS: For copies of recent press releases from Extended Stay America via fax, at no charge, call 888/395-STAY
(7829). For company information, logo and photos via the Internet, visit http://www.extstay.com
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Contact:
Extended Stay America, Inc., Fort Lauderdale
Monique Damiano, 954/713-1624
mdamiano@extstay.com
News-On-Demand: 888/395-STAY (7829)