SPARTANBURG, SC— For the third year in a row, Extended Stay America has been named one of FORTUNE magazines top 100 fastest-growing companies. The company, which FORTUNE ranked 51st overall, is once again the only lodging company named to the top 100 list, as well as one of only 15 to make the list three years in a row. Extended Stay America has enjoyed explosive growth since its founding in 1995 and is one of the fastest growing owned and operated hotel companies in the U.S. The company currently owns and operates 410 extended-stay lodging hotels in 39 states, which includes 94 StudioPLUS Deluxe Studios, 277 Extended StayAmerica Efficiency Studios and 39 Crossland Economy Studios facilities. In addition, the company has 37 hotels under construction that are expected to open within the next 12 months.
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