In June 2005 the Blackstone Group acquired Wyndham International for $3. Among the most prestigious private equity and investment management firms in the world The Blackstone Group' ( is a company that provides Private equity, financial advisory Wyndham Hotels and Resorts is a concatenation of chains of Hotels and Resorts located mainly in the United States and Canada, but also in 2 billion. Summerfield Suites, Wyndham’s extended stay offering, was included in the deal. On December 1st 2005 Global Hyatt confirmed that it had entered into a definitive agreement to acquire the 21-hotel Summerfield Suites brand from Blackstone for an undisclosed price. Global Hyatt Corporation is a Chicago, Illinois, based holding company for several hotel brands and related businesses The deal concluded early 2006, and closely followed Hyatt’s acquisition of AmeriSuites – now re-branded as Hyatt Place. In August 2004 the Blackstone Group paid $800M to acquire Prime Hospitality It will take AmeriSuites' former position in the Hyatt lineup and competes with Residence Inn, Homewood Suites, and Staybridge Suites. Residence Inn by Marriott is a brand of Extended stay hotels The chain was launched in 1977 in Wichita Kansas by Jack DeBoer and acquired by Marriott Homewood Suites by Hilton is a national chain of all-suite residential-style hotels trademarked by the Hilton Hotels Corporation. Staybridge Suites is a Brand name applied to Hotels within the InterContinental Hotels Group (IHG
Global Hyatt has since developed an extended-stay prototype for converting Summerfield Suites hotels to a new Hyatt-branded extended-stay product. The new offering provides fully equipped 1 and 2 bedroom suites, outdoor BBQ area, 24 hour convenience store, movie rental, dry cleaning and recreational facilities. However, Summerfield Suites targets both the extended-stay market as well as the group travel market. The first location opened back in 1990.
There are now 28 Summerfield Suites located around the US in the following cities/states: Arizona [1], California [2], Colorado [3], Florida [4], Massachusetts[5], Maryland [6], North Carolina [7], New Jersey[8], New York [9], Pennsylvania[10], and Texas[11]. The State of Arizona ( is a state located in the southwestern region of the United States. California ( is a US state on the West Coast of the United States, along the Pacific Ocean. The State of Colorado ( or chiefly by nonresidents) is a state located in the Rocky Mountain region of the United States of America. Florida ( is a state located in the southeastern region of the United States, bordering Alabama to the northwest and Georgia to the The Commonwealth of Massachusetts ( is a state located in the New England region of the northeastern United States. North Carolina ( is a state located on the Atlantic Seaboard in the southeastern United States New Jersey ( is a state in the Mid-Atlantic and Northeastern regions of the United States. New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The Commonwealth of Pennsylvania ( often colloquially referred to as PA (its abbreviation by natives and Northeasterners is a state located in the Northeastern Texas ( is a state geographically located in the South Central United States and is also known as the Lone Star State.