Press Release
February 6, 2001
FORT LAUDERDALE, FL -- Extended Stay America, Inc. (NYSE:ESA) has opened a three-story Extended StayAmerica Efficiency
Studios brand hotel at 1675 Mottman Road S.W. in Tumwater, Wash., just minutes from downtown Olympia. The 107-room
hotel is the Company's first property in the Olympia area, its 16th hotel in the state and its 394th property overall.
According to 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 $269 for a Queen room and $299 for
a King room--a fraction of the cost you'd pay elsewhere for similar features. Nightly rates are available from
$55.
Guest rooms at Extended StayAmerica 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 15 other Washington-based extended-stay hotels under its StudioPLUS
Deluxe Studios, Extended StayAmerica Efficiency Studios and Crossland Economy Studios brand names in Bellevue,
Everett, Federal Way, Fife, Kent, Lynnwood, Puyallup, Renton, Spokane, Tacoma, Tukwila and Vancouver.
The Company also has an Extended StayAmerica brand hotel currently under construction in Bothell, Wash. that is
scheduled for a 2001 opening.
``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, is also Chairman of the Board for 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, has recently
been named one of America's 100 Fastest-Growing Companies by Fortune magazine for the second year in a row. Currently,
Extended Stay America, Inc. operates 394 extended-stay lodging hotels in 38 states, which includes 93 StudioPLUS
Deluxe Studios, 262 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