Tag: extended stay hotels
Extended Stay Hotels Files For Bankruptcy
Extended Stay Hotels filed for Chapter 11 bankruptcy yesterday – ending speculation of when or if banks were going to force ESH’s owners, The Lightstone Group to surrender the properties. All in all, this just goes to show how banks were willing to finance almost anything during the highs of the markets.
Hilton Launches New Extended Stay Brand: Home2 Suites by Hilton
Hilton announced their new extended stay hotel brand called Home2 Suites by Hilton at the ALIS Conference. It’s meant to be less expensive than their Homewood Suites brand and cater to the “millennial generation”.
Lightstone Has Been Down The Foreclosure Path Before
With news of The Lightstone Group possibly losing Extended Stay Hotels to the banks, it turns out that Lightstone has been down this route before with some of their other holdings.
Wall Street Journal Wrong About Lightstone? I Don’t Think So.
Extended Stay Hotels released a statement reiterating their current financial situation is fine – but not completely disputing the future money issues which the brand may experience as the WSJ had reported. Is Extended Stay trying to hide the truth by not really lying?
Read my 
