STAY News and Press, Extended Stay America Inc. From 11/04/20

Leisure stocks are having a strong day even as COVID-19 developments continue to trend in the wrong direction. Some analysts think the rally is tied to the election results and the odds of a split government, as well as the prospect for a stimulus package before the end of the year. Notable g...

Kiplinger Investing publishes opportune stock and fund lists for investors online. This Billionaire List by Dan Burrows, first published on 9/4/20, was updated on 10/9/20. 27 of 50 billionaire-loved stocks pay dividends. As of 10/9/20, the top ten ranged from 2.21%-5.38% by annual yie...

"No vacancy" becomes "no occupancy." Hotel REITs - along with the global leisure and tourism industry - have been decimated by the coronavirus pandemic, plunging more than 50% this year. Following a record year for the industry in 2019, hotels REITs reported occupancy rates below 20% ...

JPMorgan upgrades Extended Stay America (STAY) to an Overweight rating after having it set at Neutral.The firm says it likes the risk-reward in STAY due to the reasonably good operating fundamentals and above sector occupancy, RevPAR, and margin trends given its drive-to, non-urban, non-conve...

Bank of America lowers Choice Hotels International (CHH) to an Underperform from Neutral. BofA on CHH: "Management has executed and CHH’s franchised/leisure model led to relatively low levels of volatility in its business model, while its franchisees remain healthy. That said, dur...

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks. - John Bogle Although the COVID-19 pandemic has economically damaged the hospitality industry, there is one company in this space with an interesting business model. That company would be Extended Sta...

CHARLOTTE, N.C., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (Nasdaq: STAY) (the “Company”) today announced that the Company’s President and Chief Executive Officer Bruce Haase and Chief Financial Officer David Clarkson will virtually participate at t...

Extended Stay (NASDAQ: STAY )  names David Clarkson to succeed Brian Nicholson as Chief Financial Officer . More news on: Extended Stay America, Inc., Financial stocks news, Read more ...

CHARLOTTE, N.C., Sept. 11, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and its paired-share REIT, ESH Hospitality, Inc. (together, the “Company”) (NASDAQ:STAY), the largest mid-priced extended stay hotel brand, today announced that David Clarkson has been ap...

Hotels are presenting an interesting, contrarian opportunity. It's a bet that the health situation will keep improving. Travel data shows a pickup in recent weeks. If there's no major "third wave" then it's possible that hotel stocks could break out. The coronavirus has wrecked the hotel in...