Esh Hospitality Appoints Simon M. Turner To Board Of Directors

3/27/20

Simon M. Turner

CHARLOTTE, N.C., March 27, 2020 (GLOBE NEWSWIRE) -- ESH Hospitality, Inc. (Nasdaq: STAY) today announced that Simon M. Turner has been appointed to its Board of Directors as an independent director effective March 26, 2020. Mr. Turner is the Founder and Principal of Alpha Lodging Partners, formed in 2017 to make selective investments and to provide strategic, asset management and transactional advisory services to hospitality sector companies, boards and investors. He previously served as President, Global Development of Starwood Hotels & Resorts Worldwide from 2008 to 2016, where he was responsible for global development activities of ten brands, including management and franchise growth and real estate development and dispositions, and served as an executive member of management. Prior to joining Starwood, Mr. Turner, held a series of positions with Hotel Capital Advisers, Inc. and Salomon Brothers Inc. He currently serves as a board member of Carey Watermark Investors 1, a non-traded REIT. He also serves on the Supervisory Board of Steigenberger AG, a European hotel company wholly owned by Huazhu Group Limited (NASDAQ). His prior board service has included serving as a director of ClubCorp Holdings, Inc., Fairmont Raffles Hotels International and Four Seasons Hotels, Inc.

ESH Hospitality’s President and Chief Executive Officer, Bruce Haase, said, “We are delighted to welcome Simon Turner to our Board of Directors. The board conducted an exhaustive search for someone who would further strengthen our board’s breadth of talent and background, and we are delighted to have identified such an outstanding individual. Simon brings significant hospitality expertise to the Board including brand development, asset management, franchising, mergers and acquisitions and financing. We appreciate his willingness to serve as a director and look forward to benefitting from his judgment and counsel as he helps us further to drive shareholder value.”

About Extended Stay America

Extended Stay America® is the leading brand in the mid-priced extended stay segment in the U.S. with 632 hotels. ESH Hospitality, Inc. (“ESH”), a subsidiary of Extended Stay America, Inc. (“ESA”), is the largest lodging REIT in North America by unit and room count, with 558 hotels and approximately 62,000 rooms in the U.S. ESA also manages or franchises an additional 74 Extended Stay America® hotels. Visit www.esa.com for more information.

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