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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...
Its most recent look at hotel demand has BofA seeing steady recent improvement in revenue per available room - but also seeing a fall slowdown that has it cutting estimates for the second half and into 2021. More news on: Host Hotels & Resorts, Inc., Park Hotels & Resorts Inc., Peb...
Blackstone Group's ( BX +1.2% ) exit in Q2 from hotel stocks likely puts the kibosh on speculation that the giant investment firm was interested in taking Host Hotels & Resorts ( HST -4.5% ) private, wrote Baird analyst Michael Bellisario in a note on Friday. More news on: Ho...
The following slide deck was published by Extended Stay America, Inc. in conjunction with their 2020 Q2 earnings Read more ...
Image source: The Motley Fool. Extended Stay America Inc (NASDAQ: STAY) Q2 2020 Earnings Call Aug 11, 2020 , 8:30 a.m. ET Operator Continue reading
Extended Stay America, Inc. (STAY) Q2 2020 Earnings Conference Call August 11, 2020 08:30 ET Company Participants Rob Ballew - Vice President, Investor Relations Bruce Haase - Chief Executive Officer Brian Nicholson - Chief Financial Officer Conference Call Participants Ant...
Extended Stay America (NASDAQ: STAY ) reports comparable system-wide RevPARD declined 28.7% in Q2 to $38.38 More news on: Extended Stay America, Inc., Consumer stocks news, Earnings news and commentary, Stocks on the move, Read more ...
Extended Stay America (NASDAQ: STAY ) : Q2 Non-GAAP EPS of -$0.04 beats by $0.01 ; GAAP EPS of -$0.07 beats by $0.01 . More news on: Extended Stay America, Inc., Earnings news and commentary, Consumer stocks news, Read more ...
- Net loss of $8.8 million - Adjusted EBITDA 1 of $74.4 million - Comparable system-wide RevPAR decrease of 28.7% CHARLOTTE, N.C., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”) toda...
Foreword Dan Burrows in Kiplinger Investing says: "They say on Wall Street that if you want to make a small fortune, start by investing a large one. No, you can't become a billionaire solely by copying their every move, but it's always interesting -- and often constructive -- t...
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CHARLOTTE, N.C., June 29, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, the nation’s leading mid-priced extended stay hotel company, is pleased to announce the launch of Extended Stay America Premier Suites. The elevated brand builds on the strength of Extended Stay America’...
CHARLOTTE, N.C., June 16, 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 announced the...
CHARLOTTE, N.C., June 11, 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 announced tha...