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1.
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HNN Newswire
18 March 2010
Starwood Capital, TPG Capital and Five Mile Capital Partners have offered to invest up to US$905 million to help turnaround bankrupt Extended Stay America.
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2.
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By Shawn A. Turner, Finance Editor
22 April 2010
Bankrupt Extended Stay America has asked the Bankruptcy Court for more time to accept turnaround plans from third parties or to file its own plan with the court.
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3.
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By Jeff Higley, Editorial Director
17 June 2010
Former Extended Stay America team makes inroads as a franchisee in the hotel industry.
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4.
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By Shawn A. Turner, Finance Editor
22 July 2010
Extended Stay America’s reorganization plan was approved following the company’s purchase for US$3.93 billion.
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5.
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HNN Newswire
11 October 2010
Extended Stay America is officially out of bankruptcy following its previously announced purchase led by Blackstone Group, Paulson & Company and Centerbridge Partners.
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6.
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By Shawn A. Turner, Finance Editor
11 October 2010
An investment group led by Blackstone Real Estate Partners VI, Centerbridge Partners and Paulson & Company purchased Extended Stay America for US$3.9 billion.
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7.
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By The HNN editorial staff,
11 October 2010
From the desks of the HotelNewsNow.com editorial staff:
• ESA officially exits bankruptcy;
• Asia will continue to lead global economic recovery;
• Carey Watermark Investors launched IPO to buy hotel real estate;
• final price tag on AIG bailout was US$5.1 billion; and
• hotel supply growth anticipated in Curaçao.
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8.
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By Patrick Mayock, Editor-in-Chief
01 February 2013
The struggling ESA chain received a jolt of energy from former Starbucks CEO Jim Donald, who is enacting change through his ambitious DANCE strategic plan.
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9.
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By The HNN editorial staff,
08 July 2010
From the desks of the HotelNewsNow.com editorial staff:
• ESA bankruptcy reorganization hits snag;
• STR analyzes ash cloud fallout;
• weekly unemployment insurance claims down;
• Gulf Coast hotels offer ‘no tar’ guarantees; and
• Hotels.com: Venice is fastest rising destination.
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10.
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By Stacey Mieyal Higgins, News Editor-International
30 March 2010
HotelNewsNow.com each week features a news roundup from a different region of the world. Today’s compilation covers the Americas.
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