Created five years ago, the company owns and operates 380lodging facilities in 38 states. The properties are 91 StudioPLUSDeluxe Studios, 250 ExtendedStayAmerica Efficiency Studios and 39Crossland Economy Studios.
Revenue rose in 1999 to $417.7 million, up 52.5% from the prioryear, while net income went up 68.6% to $47.2 million. The FortLauderdale-based company was founded by George D. Johnson, Jr., itsCEO and Florida entrepreneur H. Wayne Huizenga.
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