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When travelling it is good to know the hotels which provide extended stay. We were lucky enough to stay at one in New Orleans, and it made the trip that much more enjoyable. They had a kitchenette, complete with plates, cutlery, pots and pans. They had a full size stove and fridge as well as microwave.
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Extended Stay Hotels is a privately owned hotel brand that operates in the extended stay hotel market. The company is headquartered in Spartanburg, South Carolina.
Extended Stay Hotels and its brands currently own and operate over 680 hotels with approximately 76,000 rooms across the United States and Canada.
According to the company's website as of August 19, 2009, its brands included the following.
The company was formed in 2004 when the Blackstone Group, owners of Homestead Studio Suites Hotels, bought Extended Stay America.
Extended Stay Hotels, its brands, and its management company, Homestead Village Management (HVM, LLC) were purchased from The Blackstone Group by The Lightstone Group in 2007 for approximately US$8 Billion.
The company filed for Chapter 11 bankruptcy protection on June 15, 2009 but continues to operate using its cash flow instead of debtor-in-possession financing.
In September of 2009, a group of creditors led by Starwood Capital Group began negotiations to buy the entire chain for $3.5 billion.
An Apartment Hotel is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can 'check-out' whenever they wish.
The standard zoning definition, nationwide is:
"Apartment hotel means a building designed for or containing both apartments and individual guestrooms or rental units, under resident supervision, and which maintains an inner lobby through which all tenants must pass to gain access to apartments, rooms or units."
Apartment hotels are flexible types of accommodation; instead of the rigid format of a hotel room, an apartment hotel complex usually offers a complete fully fitted apartment. These complexes are usually custom built, and similar to a hotel complex containing a varied amount of apartments. The length of stay in these apartment hotels is varied with anywhere from a few days to months or even years. The people that stay in apartment hotels use them as a home away from home, therefore they are usually fitted with everything the average home would require.
Extended stay hotels are a type of lodging with features unavailable at standard hotels. These features are intended to provide more home-like amenities. There are currently 27 extended stay chains in North America with at least 7 hotels, representing over 2,000 properties. There is substantial variation among extended stay hotels with respect to quality and the amenities that are available. Some of the economy chains attract clientele who use the hotels as semi-permanent lodging.
Extended-stay hotels typically have self-serve laundry facilities and offer discounts for extended stays, beginning at 5 or 7 days. They also have guestrooms (or "suites") with kitchens. The kitchens include at a minimum usually: a sink, a refrigerator (usually full size), a microwave oven, and a stovetop. Some kitchens also have dishwashers and conventional ovens.
Extended stay hotels are popular with business travelers on extended assignments, families in the midst of a relocation, and anyone else in need of temporary housing. Extended stay hotels are also used by travelers who appreciate the larger space a typical suite provides.
Residence Inn is credited with popularizing the "extended stay" concept. The chain was launched in 1975 in Wichita, Kansas by Jack DeBoer, and acquired by Marriott Corporation in 1987. As of April 2005, there were over 450 Residence Inn hotels in the United States, Canada and Mexico. Jack DeBoer has jumped back in the Extended Stay market developing a concept called Value Place.
Other upscale brands of extended-stay hotels, such as Staybridge Suites which is part of the InterContinental Hotels Group, have made this segment of the lodging industry one of the fastest-growing.
One of today's most popular long term lodging brands came from the merger of Extended Stay America and Homestead Hotels. Both these chains were already well established when they combined in 2004 to become Extended Stay Hotels with over 670 owned and operated properties nationwide.
Another worldwide hotel chain, Choice Hotels International, franchisor for name brands such as Comfort Inn, Comfort Suites, Sleep Inn and Quality Inn, entered the extended stay market with their MainStay Suites brand. They proceeded to acquire the Suburban Extended Stay hotel chain in 2005, making them a sizeable extended stay system with over 150 hotels open and under development.
In the United States, a popular low-budget extended stay chain is Intown Suites. The chain, which was founded in 1988, now has nearly 140 locations in 21 states, and is distinguised for offering weekly rates much lower than many other chain lodging companies in North America. The company, however, has been criticized by many of its guests and reviewers for providing a sub-standard quality of service, poorly maintaining its properties, and treating its guests poorly.
Extended stay concept is steadily spreading throughout Europe due to increase in the number of travelers and business people visiting every year. The concept was organized by Belgium Housing and the chain of hotels covers 42 countries of Europe including all the major cities of the continent.