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"Extended stays" : An attractive segment for investors

3 min reading time

Published on 02/07/08 - Updated on 17/03/22

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More than 8 billion dollars. That’s what Lightstone paid in April 2007 to purchase the group Extended Stay Hotels from Blackstone. In doing so, this investment giant made a fine profit: Extended Stay Hotels has nearly doubled its value in three years. This figure – significantly higher than the...

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