Extended Stay Hotels Files For Bankruptcy
SAN RAFAEL, CA - JUNE 15: The logo for the Extended Stay hotel is on display of one of its hotels on June 15, 2009 in San Rafael, California. Struggling hotel chain, Extended Stay Hotels, filed for Chapter 11 protection listing $7.1 billion in assets and $7.6 billion in debts at the end of 2008. The bankruptcy is one of the largest bankruptcy filings by a commercial real-estate company. (Photo by Justin Sullivan/Getty Images)
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