EXHIBIT 99.1
                                                                                
                                 PRESS RELEASE

                                        


For Immediate Release                        For More Information Contact:
                                             Robert A. Brannon, Sr. V.P. and CFO
                                             (954) 713-1603


                     EXTENDED STAY AMERICA, INC. PROPOSES

                UNREGISTERED SENIOR SUBORDINATED NOTES OFFERING

     FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Feb. 20, 1998--Extended Stay
America, Inc. (NYSE: ESA), today announced that it intends to commence an
offering of $200 million of Senior Subordinated Notes. The net proceeds from the
offering will be used to repay revolving debt, construct additional extended
stay facilities, and for general corporate purposes. The Notes to be offered
have not been and will not be registered under the Securities Act of 1933, and
may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.

     Extended Stay America's three extended stay lodging brands often operate
concurrently in the same market. All properties are designed to appeal to value
conscious guests on visits of a week or longer. Crossland Economy Studios, with
rates generally ranging from $159 to $199 per week, offer a double bed and
kitchenette. EXTENDED STAY AMERICA Efficiency Studios, with rates generally
ranging from $199 to $299 a week, offer a queen-size bed and kitchenette.
StudioPLUS Deluxe Studios offer deluxe and queen studios, which include
kitchens, at rates generally ranging from $299 to $399 a week. Weekly
housekeeping and an on-premise guest laundry are provided at all properties.

     The Company's first EXTENDED STAY AMERICA Efficiency Studios property
opened in August, 1995, in Spartanburg, SC. In January, 1997, the Company
launched the first Crossland Economy Studios in Independence, MO, and on April
11, 1997, the Company consummated a merger with StudioPLUS Hotels, Inc. The
Company now owns and operates 212 extended stay lodging properties in 37 states.


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