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Sunday, June 20, 2010
Extended Stay Hotels
The AP this morning reported that Extended Stay Hotels, LLC, owned by the Lightstone Group (one of the nation’s biggest private real estate companies), filed for Chapter 11 bankruptcy protection today. Extended Stay runs more than 650 hotels in the US and Canada, according to the AP. All Extended Stay brands, Homestead Studio Suites, StudioPLUS Deluxe studios, and Crossland Economy Studios are affected.
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