Extended Stay Opens 92-Room Hotel In Massachusetts

FORT LAUDERDALE, FL-Extended Stay America Inc. has opened a new hotel in Westborough, MA, one of 19 properties the company had under construction as of the end of last year. The estimated hard construction cost of the 92-unit inn is $10 million.

This is the second hotel the publicly traded company has built in Massachusetts. Two more are under construction–an Extended Stay in Tewksbury, MA and a StudioPlus-brand hotel in Westborough, MA. Now operating 393 properties in 38 states, Extended Stay ranked last year on the Forbes magazine list of the 100 fastest-growing companies in the United States. It also operates the Crossland Economy Studios-brand of hotels.

The company reported it opened 30 properties during the year ended Dec. 31 at a total cost of about $256 million or an average of $8.3 million per hotel.