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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's (STAY) first-quarter 2021 performance is hurt by dismal RevPAR and increased hotel operating expenses.
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?
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 fo
As more and more Americans get Covid-19 vaccinations and lockdowns are being lifted, travel demand has begun to increase. Rates for hotel rooms are rising right along with it as hospitality companies
NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia” or “we”), is one of the largest shareholders of Extended Stay America
Extended Stay America (STAY) has reached an agreement to be acquired by a 50/50 joint venture between Blackstone and Starwood Capital Group for $6 billion.
Extended Stay America (STAY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strengt
Blackstone and Starwood Capital have agreed to acquire Extended Stay America, a press release says, with the deal going forward for around $6 billion. “Travel and leisure is one of Blackstone's high
NEW YORK, March 15, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Extended Stay America, Inc. ("Exten
A buyout is pushing shares sharply higher.
NEW YORK, March 15, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Extended Stay America, Inc. (NASDAQ: STAY) and its board of directors concerning the p
NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Extended
Looking to take advantage of value opportunities in the hospitality sector, Blackstone Group Inc. (NYSE:BX) and Starwood Capital Group announced on March 15 they agreed to buy hotel owner and operator
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