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Tag : extended stay america

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Q2 2017 Financial Reports Round Up - Part 3: Choice, Chesapeake, Chatham, Sunstone & ESA

August 2, 2017

  Choice Hotels Reports Results for Second Quarter 2017   Highlights: Overall Results Diluted earnings per share (EPS) for the second...

Extended Stay America Reports Q1 2017 Net Income of $16.1 Million, an increase of 8.9%; Revenue Per Available Room Grew 2.1% to $45.76

April 27, 2017

CHARLOTTE, N.C.--(BUSINESS WIRE)--Extended Stay America, Inc. (NYSE:STAY) (the “Company”) today announced consolidated results for the quarter...

Extended Stay America Reports Q4 2016 Net Income of $30.1 Million, Down from $132.1 Million; RevPAR Up 4.1% for the Quarter

February 28, 2017

- Net Income of $30.1 million and $163.4 million in the Fourth Quarter and Full Year, Respectively - Comparable Hotel1 Adjusted EBITDA2 grows 16.5%...

Extended Stay America Names Jim Alderman as Executive Vice President and Chief Asset Merchant

October 25, 2016

CHARLOTTE, N.C.--October 25, 2016--Extended Stay America, Inc. (NYSE:STAY) (Extended Stay America) announced today that Jim Alderman will be appointed...

Extended Stay America Reports Q3 2016 Net Income of $57.1 million, Down from $58.2 million; RevPAR Up 7.5% for the Quarter

October 25, 2016

October 2016--CHARLOTTE, N.C.--Extended Stay America, Inc. and ESH Hospitality, Inc. (NYSE:STAY) (together, the “Company”) today announced...

Extended Stay America’s Chief Marketing Officer, Tom Seddon, to Resign

September 9, 2016

CHARLOTTE, N.C., Sept. 9, 2016 -- Extended Stay America announced today that it has accepted the resignation of chief marketing officer, Tom...

Extended Stay America Reports Q2 2016 Net Income of $64.1 million Compared to $64.8 million for Same Period in 2015

July 28, 2016

Second Quarter Net Income of $61.4 million Second Quarter Adjusted EBITDA1 of $164.7 million Second Quarter Total Revenues of $332.8 million Second Quarter...

Extended Stay America Reports Q1 2016 Net Income of $14.8 million

April 26, 2016

CHARLOTTE, N.C.--Extended Stay America, Inc. (NYSE:STAY) (the “Company”) today announced consolidated results for the quarter ended March 31,...

Extended Stay America Reports Increase of 371.8% in Net Income for Q4 2015 to $132.1 million with RevPAR Growth of 7.1%

February 23, 2016

- Comparable Hotel1 RevPAR grows 6.0% and 6.1% in the Fourth Quarter and Full Year, Respectively - - Comparable Hotel Adjusted EBITDA2 grows 4.2% and 8.5% in...

Extended Stay America Completes Sale of Crossland Economy Studios for $285 Million

December 11, 2015

The disposition of the 47 Crossland Economy Studios-branded hotels and six similarly positioned Extended Stay America-branded hotels completes the...

Q3 2015 Financial Reports Round Up: Wyndham, Felcor & Extended Stay America

October 27, 2015

Wyndham Worldwide reports net income for the third quarter of 2015 was $190 million, or $1.61 per diluted share, compared with $206 million, or $1.64 per...

Extended Stay America Enters Agreement to Dispose of 47 Crossland Economy Studios for $285 Million

September 21, 2015

- $285 million sales price equals nearly 10x Adjusted EBITDA - - Improves portfolio quality and sharpens focus on single brand - - Special distribution...

Extended Stay America Hotels Names Gerardo Lopez as President and Chief Executive Officer

July 22, 2015

Lopez to Succeed James Donald in August 2015; Donald to Serve as Senior AdvisorCHARLOTTE, N.C.--July 22, 2015--The Boards of Directors of Extended Stay...

Extended Stay America Appoints Andrea Delligatti as Vice President of Sales, Northeast Division

December 22, 2014

CHARLOTTE, N.C. - DEC. 22, 2014 - ESA Management LLC, a subsidiary of Extended Stay America, Inc. (NYSE:STAY)  - the largest owner operated hotel chain in...

Extended Stay America Appoints Mark Mahoney as Executive Vice President of Sales

September 25, 2014

CHARLOTTE, N.C., Sept. 25, 2014 - ESA Management LLC, a subsidiary of Extended Stay America, Inc. (NYSE:  STAY)  – the largest owner operated hotel...

America’s Top Away From Home Cook Announced by Extended Stay America & Food Network’s Sunny Anderson

September 24, 2014

CHARLOTTE, N.C. - Sept. 24, 2014 - Extended Stay America, the largest owned and operated hotel chain with kitchens in every room, names Lauren Wyler "America's...

Extended Stay America Reports Second Quarter 2014 Net Income of $46.3 million & RevPAR Gain of 9.4%

August 1, 2014

RevPAR Increases 9.4%  Adjusted EBITDA Increases 16.0%Re-affirms 2014 Revenue and Adjusted EBITDA GuidanceCHARLOTTE, N.C--Extended Stay America, Inc....

Extended Stay America CFO, Peter Crage, Resigns; Jonathan Halkyard Named Interim CFO

July 22, 2014

July 22, 2014 - CHARLOTTE, N.C. - Extended Stay America, Inc. (NYSE:STAY) (the “Company”) today announced that Peter Crage, Chief Financial Officer since...

Extended Stay America Announces Fourth Quarter and Full Year 2013 Results; Q4 RevPAR Up 5.7%

February 26, 2014

- Adjusted EBITDA increased 19.2% for the full year and 13.8% for the fourth quarter - - Hotel operating margin expanded 170 basis points in 2013 - -...

Extended Stay America Launches Initial Public Offering

October 31, 2013

CHARLOTTE, N.C. - October 31, 2013 - Extended Stay America, Inc. (the "Company") and ESH Hospitality, Inc. (“ESH REIT”) today announced that they have...

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