STAY News and Press, Extended Stay America Inc. From 05/25/21

NEW YORK, NY / ACCESSWIRE / May 25, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Domtar Corporation (NYSE:UFS) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties rel...

Extended Stay (STAY) is paring an earlier loss after a report that another top holder is against Blackstone (BX) and Starwood Capital's takeover.The unidentified investor has just under a 5% stake in the hotel chain, according to Dealreporter.  The investor wouldn't support the current d...

CHARLOTTE, N.C., May 19, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and, together with ESA, “Extended Stay” or the “Company”) (NASDAQ: STAY) today filed an inves...

UBS points to some interesting trends in the lodging sector. The firm says U.S. hotel supply is tracking to grow 2% in 2021 and another 2% in 2022 as the pipeline appears to be recovering from the pandemic pause. Hotel pipeline changes in comparison to March of 2020: Marriot International (MA...

New Letter to Shareholders Provides Comprehensive Discussion of the Transaction Rationale and the Immediate, Certain and Compelling $19.50 Per Paired Share Cash Value Addresses Tarsadia’s Misleading and Flawed Arguments Urges Shareholders Vote “FOR&#x...

NEW YORK, NY / ACCESSWIRE / May 11, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: EQT Corporation (NYSE:EQT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating...

Extended Stay America (STAY): Q1 Non-GAAP EPS of $0.04 beats by $0.04; GAAP EPS of $0.01 beats by $0.05.Revenue of $259.6M (-2.5% Y/Y) beats by $5.4M.Adjusted Funds from Operations per share of $0.28Press Release For further details see: Extended Stay America EPS beats by $0.04, beats o...

CHARLOTTE, N.C., May 10, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”) today announced consolidated results for the three months ended March 31, 2021. Financial and Oper...

Tarsadia Capital, one of Extended Stay America's (STAY) largest shareholders with ~3.9% of the REIT's shares, files a preliminary proxy statement to solicit votes against the proposed sale of Extended Stay America and ESH Hospitality to Blackstone (BX) Real Estate Partners and Starwood Capita...

Believes Transaction Undervalues STAY and Is Opportunistically Timed Tarsadia Believes Sales Process Was Flawed and Paired Entities’ Boards Failed to Pursue Alternatives Tarsadia Highlights That Two Sitting ESH Directors Voted Against the Deal Believes C...