provident realty advisors
Extended Stay America Expands Footprint in Oklahoma With Three Franchise Conversions
Extended Stay America® | February 24, 2021
Charlotte, NC — February 24, 2021 — Extended Stay America, Inc., the largest mid-priced extended-stay hotel brand, announced today the addition of three properties in Oklahoma through franchise conversions. The properties are all owned by Dallas-based Provident Realty Advisors, Inc. and will be operated by Plano, Texas-based Aimbridge Hospitality, the leading, global, third-party hotel management company. The properties include: Extended Stay America Bartlesville – Hwy 75, Bartlesville, Oklahoma Extended Stay America McAlester – Hwy 69, McAlester, Oklahoma Extended Stay America Lawton – Fort Sill, Lawton, Oklahoma Â...
Extended Stay America Completes Disposition of 32 Hotels to Lodging Advisory Group and Provident Realty Advisors
Extended Stay America | November 1, 2018
CHARLOTTE, N.C. – November 1, 2018 — Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the "Company") today announced the completed sales of 2 portfolios totaling 32 branded Extended Stay America hotels. The Company recently completed the sale of 16 Extended Stay America branded hotels to Lodging Advisory Group, LLC ("LAG"), a hotel owner, developer and asset manager with offices in Wichita, Denver and Phoenix. The hotels acquired by LAG include hotels located in Kansas, Missouri, New Mexico, Nebraska and Arizona. The disposition comes with franchise agreements for each of the 16 hotels. Addition...
