Business Services Industry

Founder of Spartanburg, S.C.-Based Hotel Chain Has Big Plans for after Sale.

Knight Ridder/Tribune Business News, May, 2004

By Chris Winston, Herald-Journal, Spartanburg, S.C. Knight Ridder/Tribune Business News

May 9--George Dean Johnson is burning up.

But he's not yet ready to talk about the flames. It's no secret that Johnson, who will complete the sale of Spartanburg-based Extended Stay America this week for $3.2 billion, has big plans for the future.

But he's not talking about it.

"I'm on fire now," said Johnson, who started the hotel chain nine years ago. "But I can't let you see in my shoebox yet." Apparently, Johnson's shoebox is full.

He constantly carries pieces of paper in his pocket with ideas, opportunities, names and phone numbers on them. But he's not sharing them.

Johnson said some of those ideas might start...

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