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Extended Stay Opens 95-Room Hotel Near Mayo

ROCHESTER, MN-Mayo Clinic is a logical draw for the fast-growing hotel chain's newest entry in Minnesota, its first outside the Twin Cities market. New hotels are being built for about $9 million, according to the company.

By Jim McCartney | Updated on October 22, 2001

ROCHESTER, MN-Extended Stay America recently opened a three-story, 95-room Extended StayAmerica Efficiency Studios hotel here. The extended-stay lodging market is the fastest growing segment of the hotel industry in its appeal to business professionals, people relocating and those on extended work assignments, says George D. Johnson, Jr., chief executive of the Spartanburg, SC-based lodging company.

On average, the company says it will spend about $9 million in development costs on new properties this year, such as the Rochester hotel.

One of the largest employers in Rochester is the world-renowned Mayo Clinic, which would likelygenerate business for the hotel for patients or their families who are undergoing prolonged treatment at the medical facility. Extended Stay has six properties in the Twin Cities; the Rochester property is its first Minnesota hotel outside the Twin Cities.

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