Homestead Studio Suites Hotels
Encyclopedia
Originally called Homestead Village, it was started in 1992 by Security Capital in Santa Fe, New Mexico
with its first properties located in Dallas and Houston. In 2001, Homestead was purchased by the Blackstone Group
. Three years later, Homestead's 132 properties were combined with Extended Stay America
's 485 hotels to form the new, integrated partnership of Extended Stay Hotels
.
Santa Fe, New Mexico
Santa Fe is the capital of the U.S. state of New Mexico. It is the fourth-largest city in the state and is the seat of . Santa Fe had a population of 67,947 in the 2010 census...
with its first properties located in Dallas and Houston. In 2001, Homestead was purchased by the Blackstone Group
Blackstone Group
The Blackstone Group L.P. is an American-based alternative asset management and financial services company that specializes in private equity, real estate, and credit and marketable alternative investment strategies, as well as financial advisory services, such as mergers and acquisitions ,...
. Three years later, Homestead's 132 properties were combined with Extended Stay America
Extended Stay America
Extended StayAmerica is an American hotel company. It was founded in 1995 in South Carolina as an extended-stay hotel, catering to businesspeople....
's 485 hotels to form the new, integrated partnership of Extended Stay Hotels
Extended Stay Hotels
Extended Stay Hotels is a privately owned hotel brand that operates in the extended stay hotel market. The company is headquartered in Spartanburg, South Carolina....
.