| Business Summary | | Extended
Stay
America,
Inc.
develops,
owns
and
operates
extended-stay
lodging
facilities
that
provide
an
affordable
and
attractive
lodging
alternative
at
a
variety
of
price
points
for
value-conscious
guests.
The
Company's
facilities
feature
fully
furnished
rooms
that
are
generally
rented
on
a
weekly
basis
to
guests,
such
as
business
travelers,
professionals
on
temporary
work
assignment,
persons
between
domestic
situations
and
persons
relocating
or
purchasing
a
home,
with
most
guests
staying
for
multiple
weeks.
The
Company
owns
and
operates
three
brands
in
the
extended-stay
lodging
market:
StudioPlus
Deluxe
Studios,
Extended
Stay
America
Efficiency
Studios
and
Crossland
Economy
Studios. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Extended
Stay
America
develops,
owns,
and
operates
extended-stay
lodging
facilities
which
provide
an
affordable
and
attractive
lodging
alternative
at
a
variety
of
price
points
for
value-conscious
guests.
For
the
six
months
ended
6/30/01,
revenues
rose
12%
to
$277.5
million.
Net
income
before
accounting
change
rose
16%
to
$37.7
million.
Revenues
reflect
the
opening
of
new
properties.
Earnings
also
reflect
an
improved
operating
margin. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| H. Wayne Huizenga, 63 Chairman | -- | George Johnson, Jr., 58 CEO,
Director | -- | Robert Brannon, 50 Pres,
COO, Sec., Treasurer | $300K | Gregory Moxley, 45 CFO,
VP-Fin. | 175K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|