Extended Stay America

Extended Stay America, an Extended Stay Hotels(sm) brand, specializes in providing business and leisure travelers a functional hotel suite at an exceptional value. With new renovations including our “Signature” rooms that come complete with Comfort bedding, an open layout, and contemporary decor, Extended Stay America gives travelers great comfort at a great price. Our guests enjoy fully equipped kitchens, in-room WiFi Internet access, unlimited local phone use and personalized voicemail, pet friendly accommodations, and pools and fitness centers (at select locations).

Extended Stay America, Inc. engages in the operation and owning of hotels in North America. It operates through the Owned Hotels, and Franchise and Management segments. The Owned Hotels segment includes the earnings derived from the operation of the company-owned hotel properties and other hotel revenues. The Franchise and Management segment consists of earnings under contracts and agreements with third parties. The company was founded in 1995 and is headquartered in Charlotte, NC.

CHARLOTTE, N.C., Jan. 28, 2022 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (together, the “Company”), today announced the tax treatment for the aggregate distributions of $2.19 per paired share paid to Extended Stay America, Inc.'s common shareholders and ESH Hospitality, Inc.'s Class A and Class B common shareholders during the calendar year ended December 31, 2021.

Extended Stay America Announces Tax Treatment for 2021 Distributions

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Blackstone Inc. BX, -0.62% and Starwood Capital Group have agreed to pay $1.5 billion to jointly acquire 111 properties under the WoodSpring Suites brand from Brookfield Asset Management Inc. BAM, -0.22% , The Wall Street Journal reported Friday. The WoodSpring Suites brand, owned by Choice Hotels International Inc., specializes in guests staying weeks or months.

Blackstone, Starwood team up on second extended stay hotel deal: WSJ

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Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties Across the U.S. Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties Across the U.S.

Extended Stay America Launches Premier Suites

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 completion of their previously announced acquisition by funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital Group for $20.50 per paired share in cash in a transaction valued at approximately $6 billion.

Blackstone and Starwood Capital Group Complete Acquisition of Extended Stay America

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 that preliminary results show holders of a majority of its shares have voted in favor of the previously announced amended merger agreement under which the company will be acquired by funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital for $20.50 per paired share in cash.

Extended Stay America Shareholders Vote to Approve Transaction With Blackstone and Starwood Capital

Extended Stay America (STAY) reported earnings 30 days ago. What's next for the stock?

Why Is Extended Stay America (STAY) Up 2.6% Since Last Earnings Report?

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According to the Upcoming Special Dividends page, a Premium feature of GuruFocus, three stocks that are paying a one-time cash dividend during June are Capitol Federal Financial Inc. ( CFFN , Financial), Extended Stay America Inc. ( STAY , Financial)and Waterstone Financial Inc. ( WSBF , Financial).

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NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today released an open letter to shareholders of Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”) encouraging them to continue to oppose the Company's proposed sale to Blackstone Real Estate Partners and Starwood Capital Group (the “Sale”). Tarsadia also noted that independent proxy advisor Glass, Lewis & Co. reiterated its recommendation that shar

Tarsadia Issues Open Letter Urging Extended Stay America Shareholders to Vote Against Proposed Sale to Blackstone and Starwood

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that leading proxy advisor Glass, Lewis & Co. (“Glass Lewis”) has issued an updated report to shareholders of Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”) and continues to recommend that shareholders vote AGAINST the Company's proposed sale to Blackstone Real Estate Partners and Starwood Capital Group (the “Sale”). In its report

Glass Lewis Continues to Recommend Shareholders Reject Proposed Sale of Extended Stay America

Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price

ISS Recommends Extended Stay America Shareholders Vote for the Amended Transaction With Blackstone and Starwood Capital

Extended Stay America (STAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Extended Stay America (STAY) Soars to 52-Week High, Time to Cash Out?

Extended Stay America (STAY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Extended Stay America (STAY) Upgraded to Buy: What Does It Mean for the Stock?

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NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today commented on the updated offer from Blackstone Real Estate Partners and Starwood Capital Group to acquire Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”). Tarsadia continues to urge shareholders to Vote Against the proposed sale (the “Sale”) on the GOLD card at the Special Meeting scheduled for June 8, 2021. Tarsadia issued the following stateme

Tarsadia Comments on Updated Offer from Blackstone and Starwood to Acquire Extended Stay America

Extended Stay America on Tuesday said Blackstone Group and Starwood Capital Group raised their buyout bid for the hotel operator to $20.50 per paired share in cash.

Blackstone, Starwood Capital raise offer for Extended Stay America to $20.50 per share

Represents “Best and Final” Offer from Blackstone and Starwood Capital and Provides Enhanced, Immediate and Certain Value

Blackstone and Starwood Capital Increase Offer to Acquire Extended Stay America to $20.50 in Cash Per Paired Share and Amend Definitive Merger Agreement

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that both leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”) have recommended that Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”) shareholders VOTE AGAINST the proposed sale of the Company to Blackstone Real Estate Partners and Starwood Capital Grou

Both Leading Independent Proxy Advisory Firms Recommend Extended Stay America Shareholders Vote AGAINST Proposed Sale to Blackstone and Starwood

NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”), shareholders VOTE AGAINST the proposed sale of the Company to Blackstone Real Estate Partners and Starwood Capital Group (the “Sale”) at the Special Meeting scheduled for Jun

Leading Independent Proxy Advisory Firm ISS Recommends Extended Stay America Shareholders Vote AGAINST Proposed Sale to Blackstone and Starwood

Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card

Extended Stay America Files Investor Presentation in Support of Transaction with Blackstone and Starwood Capital

New Letter to Shareholders Provides Comprehensive Discussion of the Transaction Rationale and the Immediate, Certain and Compelling $19.50 Per Paired Share Cash Value

Extended Stay America Responds to Tarsadia and Highlights Compelling Reasons to Support the Transaction with Blackstone and Starwood Capital

Extended Stay's (STAY) first-quarter 2021 performance is hurt by dismal RevPAR and increased hotel operating expenses.

Extended Stay (STAY) Q1 Earnings & Revenues Beat Estimates

Extended Stay America (STAY) delivered earnings and revenue surprises of 500.00% and 2.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Extended Stay America Stock (STAY)