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STAY News and Press, Extended Stay America Inc. From 03/15/21

Stock Information

Company Name: Extended Stay America Inc.
Stock Symbol: STAY
Market: NASDAQ
Website: esa.com

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STAY - Blackstone and Starwood Capital Group to Acquire Extended Stay America

CHARLOTTE, N.C., March 15, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) announced today that it has signed a definitive agre...

STAY - Blackstone, Starwood buys Extended Stay America for $6B

Blackstone Group (BX) and Starwood Capital Group to acquire hotel owner and operator Extended Stay America (STAY) in $6B deal, reports the WSJ.The deal is said to be the largest sale in the hotel sector during the Covid-19 period and represents 23% premium to the weighted average of...

STAY - Extended Stay America goes ex-dividend tomorrow

Extended Stay America (STAY) declares $0.09/share quarterly dividend.Payable March 26; for shareholders of record March 12; ex-div March 11.See STAY Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Extended Stay America goes ex-dividend tomorrow

STAY - Extended Stay upgraded to Outperform at Baird as growth set to accelerate

Baird analyst Michael Bellisario upgrades Extended Stay America ([[STAY]] -1.5%) to Outperform on increased confidence that the hotel REIT's management will be able to implement operational changes and accelerate its growth profile.Says demand trends are continuing to improve, more stimulus s...

STAY - Extended Stay America Inc (STAY) Q4 2020 Earnings Call Transcript

Image source: The Motley Fool. Extended Stay America Inc (NASDAQ: STAY) Q4 2020 Earnings Call Feb 26, 2021 , 8:30 a.m. ET Operator Continue reading For further details see: Extended Stay America Inc (STAY) Q4 2020 Earnings Call Transcript...

STAY - Extended Stay America's (STAY) CEO Bruce Haase on Q4 2020 Results - Earnings Call Transcript

Extended Stay America, Inc. (STAY) Q4 2020 Earnings Conference Call February 26, 2021 8:30 AM ET Company Participants Rob Ballew – Vice President-Finance and Investor Relations Bruce Haase – Chief Executive Officer David Clarkson – Chief Financial Officer Conference Call ...

STAY - Extended Stay America EPS beats by $0.13, beats on revenue

Extended Stay America (STAY): Q4 Non-GAAP EPS of $0.16 beats by $0.13; GAAP EPS of $0.04 beats by $0.45.Revenue of $259.29M (-8.8% Y/Y) beats by $9.33M.Press Release For further details see: Extended Stay America EPS beats by $0.13, beats on revenue

STAY - Extended Stay America Announces Fourth Quarter and Full Year 2020 Results

-  Net income of $65.7 million in the Fourth Quarter, $96.3 million for the Full Year 2020 - Adjusted EBITDA 1 of $89.3 million in the Fourth Quarter, $374.1 million for the Full Year 2020 - Comparable system-wide RevPAR decrease of 9.4% in the Fourth Quarter,...

STAY - Extended Stay America launches new Premier Suites brand

CHARLOTTE, N.C., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the launch of Extended Stay America Premier Suites. The new brand will feature new construction and fully renovated properties with...

STAY - Extended Stay America Expands Footprint in Oklahoma

CHARLOTTE, N.C., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the addition of three properties in Oklahoma through franchise conversions. The properties are all owned by Dallas-based Provident ...

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