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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
CNBC's Seema Mody reports on the travel industry's recovery as the Carnival CEO says cruise lines face at least two tough years ahead, and Blackstone buys Extended Stay America with Starwood Capital.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Extended Stay America, Inc. (NASDAQ: STAY) to a joint venture between funds managed
The lodging sector has been one of the hardest hit during the pandemic, which caused most tourism, conventions, and business travel to dry up.
SAN DIEGO, March 15, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Extended Stay America, Inc., (NASDAQ: STAY) br
Extended Stay America, a bright spot for the beleaguered hotel industry, has been taken private in a $6 billion deal.
The stock price of Extended Stay America Inc (NASDAQ: STAY) is trading at over 15% pre-market. This is why it happened.
Extended Stay America's (STAY) CEO Bruce Haase on Q4 2020 Results - Earnings Call Transcript
Extended Stay's (STAY) fourth-quarter 2020 top line was hurt by dismal RevPAR due to the coronavirus pandemic.

Extended Stay America: Q4 Earnings Insights

05:29pm, Thursday, 25'th Feb 2021
Shares of Extended Stay America (NASDAQ:STAY) increased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 14.29% year over year to $0.16, whi
-  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-   Co
Extended Stay America Premier Suites to launch with more than 30 properties. Extended Stay America Premier Suites to launch with more than 30 properties.
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 Okla
Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce b
CAPE CORAL, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, the leading mid-priced extended stay hotel company, is pleased to announce that it is the exclusive hospitality partner for s
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