Extended Stay America, Inc. (STAY) - NYSE
  • Nov. 12, 2015, 7:05 PM
    • Extended Stay America (STAY -3.9%) has priced a secondary offering of 15M paired shares (each consisting of a common share paired with a class B share of ESH Hospitality) at $17.25.
    • Shares had closed lower today at $17.29.
    • The company's not selling any shares and won't receive proceeds, and none of the officers or directors are selling.
    • Underwriters will have a 30-day greenshoe for up to an additional 2.25M paired shares.
    • At last check, shares were up 4.2% after hours before the secondary pricing.
    | Nov. 12, 2015, 7:05 PM
  • Apr. 30, 2015, 7:28 AM
    • Extended Stay of America (NYSE:STAY) reports RevPAR rose 6.8% to $41.44 in Q1.
    • Hotel operating margin +190 bps to 50.1%.
    • Room revenue was up 6.4% to $283.3M to easily outpace the 2.2% gain hotel operating expenses.
    • Occupancy rate +40 bps to 70.4%.
    • Average room rate +6.3% to $58.87.
    • Hotel inventory -2 Y/Y to 682.
    • Previously: Extended Stay America beats by $0.01, beats on revenue
    | Apr. 30, 2015, 7:28 AM
  • Apr. 29, 2015, 10:14 AM
    | Apr. 29, 2015, 10:14 AM
  • Feb. 10, 2015, 10:11 AM
    • Strong earnings reports from Starwood Hotels & Resorts (HOT +6.4%) and Wyndham Worldwide (WYN +7.1%) have given a boost to the lodging sector.
    • The group is showing improved efficiency as demand and pricing stays ahead of the rate of capacity growth.
    • Gainers: Hyatt Hotels (NYSE:H) +3.8%, Marriott International (NASDAQ:MAR) +3.6%, Intercontinental Hotels (NYSE:IHG) +2.7%, Choice Hotels International (NYSE:CHH) +2.1%, Hilton Worldwide (NYSE:HLT) +1.4%, Extended Stay America (NYSE:STAY) +1.2%, Morgans Hotel Group (NASDAQ:MHGC) +1.2%.
    • Associated with the sector, Priceline (PCLN +1.8%) and Orbitz Worldwide (OWW +3.1%) are also trading above market averages.
    | Feb. 10, 2015, 10:11 AM
  • Nov. 7, 2014, 12:52 PM
    | Nov. 7, 2014, 12:52 PM | 1 Comment
  • Oct. 13, 2014, 3:46 PM
    • Hotel stocks suffer more selling pressure as Ebola fears continue to be a factor.
    • Decliners: Marriott International (NASDAQ:MAR-2.3%, Hilton Worldwide (NYSE:HLT-2.2%, InterContinental (NYSE:IHG-2.0%, Extended Stay America (NYSE:STAY-2.6%, Hyatt Hotels (NYSE:H-1.6%, Starwood Hotels & Resorts Worldwide (NYSE:HOT-3.6%, Choice Hotels International (NYSE:CHH-1.9%.
    | Oct. 13, 2014, 3:46 PM
Company Description
Extended Stay America, Inc. is an owner/operator of company-branded hotels in North America. Its business operates in the extended stay lodging industry, and it owns and operates hotel properties located in states across the United States and in Canada. The company owns and operates its hotels... More
Sector: Services
Country: United States