Extended Stay America

Extended Stay America is the largest integrated hotel owner/operator in North America. Its subsidiary, ESH Hospitality is the largest lodging REIT in North America by unit and room count. ESA manages all of ESH’s hotel properties and also manages or franchises additional Extended Stay America hotels.
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Extended Stay America multipliers

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Extended Stay America profitability

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Extended Stay America news
14.06.2021
Extended Stay America shareholders have approved the sale of the company to Blackstone Real Estate Partners and Starwood Capital for $20.50 per share. The results of the shareholder vote are preliminary. The transaction is expected to close on June 16, 2021.
01.06.2021
A joint venture between Blackstone Real Estate Partners and Starwood Capital and Extended Stay America has amended the agreement to buy the latter, increasing the payout to its shareholders from $19.5 to $20.5 per share. Shareholders will consider the new terms at a meeting on June 11, 2021.
11.05.2021
Extended Stay America's GAAP net income for 3 months of 2021 was $12.366 million, up 57.6% from $7.845 million in the prior year. Revenue decreased 2.5% to $259.571 million from $266.301 million a year earlier.
15.03.2021
A joint venture between Blackstone Real Estate Partners and Starwood Capital is buying Extended Stay America for $6 billion, or $19.5 per share. The deal is expected to close in Q2 2021.
General information
Company nameExtended Stay America
SectorConsumer Discretionary / Consumer Services / Hotels, Restaurants & Leisure / Hotels, Resorts & Cruise Lines
Business address11525 North Community House Road, Suite 100 Charlotte, NC 28277 United States
Websitewww.aboutstay.com
Information disclosurewww.sec.gov