Extended Stay America to Grow Presence in Texas With New Property in San Antonio

Extended Stay America to Convert an Existing Hotel Location, Adding to Portfolio in Texas

CHARLOTTE, N.C., Jan. 21, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended stay hotel brand, announced today the franchise conversion of an existing hotel in San Antonio, Texas. The new Extended Stay America property is owned by an affiliate of Provident Realty Advisors, Inc., a Dallas based developer with 28 years of real estate and development experience. The converted hotel stands four stories high and contains a total of 113 rooms. The new Extended Stay America location will feature a fresh, contemporary interior design, an open lobby concept and inviting social space. The hotel will offer guests a complimentary Grab & Go breakfast, laundry room, a fitness room, an outdoor pool and hot tub, a barbeque area and free onsite parking to make the stay as convenient as possible.

Similar to all Extended Stay America hotels, the rooms will include fully equipped in-room kitchens, including full-size refrigerators, a microwave oven and cooktops that will satisfy all guests’ cooking needs. Rooms will also feature comfortable pillow-top beds, recliners and a spacious and flexible workspace with high-speed internet access for those traveling for business.

“We are proud to be working with Provident Realty and Aimbridge Hospitality as they continue to grow and expand their Extended Stay hotel platform. The reflagging and opening of this San Antonio location represents the 20^th Extended Stay America hotel under their ownership, with plans to open additional hotel conversions by early 2021,” said Stephen Miller, Managing Director of Franchise Development for Extended Stay America. “We are especially excited for the opening of this hotel property, as it expands Extended Stay America’s presence to three locations within San Antonio, the second largest city in Texas and one of the fastest growing markets in the nation over the last decade.”

Located at 21103 Encino Commons Blvd., only eight miles north of the San Antonio Airport, this hotel is easily accessible for visitors flying into the city. The location is conveniently located in proximity to Six Flags Fiesta Texas and the San Antonio River Walk, as well as restaurants including Wing Stop, Chick-Fil-A and more, perfect for guests to grab a bite during their stay.