Extended Stay America (ESA) Message Board

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Non-Tech : Extended Stay America (ESA)

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To: Lynne Good who wrote ()	6/10/1997 6:57:00 PM
From: Lynne Good	of 133

Great News! 08:10 AM ET 06/10/97 Extended Stay will begin NYSE trading FORT LAUDERDALE, Fla., June 10 (Reuter) - Extended Stay America Inc said its Board of Directors has approved a plan to move the trading of its common stock to the New York Stock Exchange (NYSE) within the next 30 days. The company which began trading on NASDAQ in December 1995, expects to be listed on the NYSE under the proposed symbol "ESA." George Johnson, President and Chief Executive Officer of Extended Stay, said, "We believe that the listing on the New York Stock Exchange will provide Extended Stay America with the exposure necessary to continue our aggressive expansion plans." Extended Stay operates 106 extended stay lodging properties, which includes 38 Studio Plus Hotels, 67 Extended Stay America Efficiency Studios and one Crossland Economy Studios facility.

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