Extended Stay Opens Hotel in Ramsey, New JerseyRamsey, New Jersey --(BUSINESS WIRE)--Dec. 21, 2001--Extended Stay America, Inc. (NYSE: ESA - news) has opened a three-story Extended StayAmerica Efficiency Studios hotel located at 112 State Highway 17, Ramsey, New Jersey. The 101 room hotel is the Company's first hotel in the Ramsey area, its 11th property in the state and its 426th property overall. Weekly room rates for the new Extended StayAmerica hotel are available from $389 for a Queen room and $419 for a King room--a fraction of the cost you'd pay elsewhere for similar features. Nightly rates are available from $79. The Company, which is the fastest-growing company owned and operated hotel chain in U.S. history, was recently named one of America's 100 Fastest-Growing Companies by FORTUNE magazine for the third year in a row and was added to Standard and Poor's MidCap 400 Index in August. Currently, Extended Stay America, Inc. operates 426 extended-stay lodging hotels in 40 states, which includes 94 StudioPLUS Deluxe Studios, 293 Extended StayAmerica Efficiency Studios and 39 Crossland Economy Studios facilities. |
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