The analysts covering Extended Stay America, Inc. (NASDAQ:STAY) delivered a dose of negativity to shareholders today...
Extended Stay America released financial results on Thursday that showcased how the economy extended stay segment is the strongest one in the weak U.S. hotel sector. "Extended Stay America is very different from traditional transient brands, and those differences have never been more apparent than they are today," said CEO Bruce Haase during a conference […]
Despite the extraordinary drop in travel demand due to coronavirus, one sector performed markedly better than the rest last month during the ongoing public health crisis. U.S. economy extended stay hotels held a nearly 72 percent occupancy rate compared to the 42 percent hotel industry average, according to STR data sampling the first 28 days […]
Extended Stay America's (STAY) first-quarter 2020 results hurt by decline in comparable system-wide RevPAR as well as rise in operating and interest expenses.
Joining me on the call this morning is Bruce Haase, Chief Executive Officer; and Brian Nicholson, Chief Financial Officer. After prepared remarks by Bruce and Brian, there will be a question-and-answer session. Before we begin, I'd like to remind you that some of our discussions today will contain forward-looking statements, including a discussion of our 2020 outlook for certain items and expectations regarding the COVID-19 pandemic.
Q1 2020 Extended Stay America Inc Earnings Call
The hotel industry is likely to witness a decline in RevPAR and occupancy rate due to the coronavirus pandemic.
The world’s major hotel brands are upping the ante on cleaning in an effort to win customer confidence and capture whatever market share exists in the travel industry’s initial coronavirus recovery. Be it ultra luxury or roadside economy, hoteliers know they have to evolve operations to a new, socially distanced normal in light of coronavirus. […]
Extended Stay America (STAY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Those holding Extended Stay America (NASDAQ:STAY) shares must be pleased that the share price has rebounded 40% in the...
Potential Extended Stay America, Inc. (NASDAQ:STAY) shareholders may wish to note that the Independent Director...
Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended stay hotel brand, announced the opening of the first franchise-owned new construction hotel in Colonial Heights, Va. This newly constructed building stands four stories high and contains 92 rooms, free onsite parking, complimentary WiFi, a STAYFIT fitness room, STAYCLEAN laundry room and ESA's signature STAYPLAY lobby to give guests a home away from home.
As optimism surrounding a coronavirus vaccine and consumer activity begin to pick up, Wall Street is expected to trade higher.
Marriott International's (MAR) first-quarter results hurt by sharp decline in RevPAR and occupancy rates owing to the coronavirus pandemic.
- Net Income of $7.8 million- Adjusted EBITDA1 of $97.7 million CHARLOTTE, N.C., May 06, 2020 -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY).
CHARLOTTE, N.C., April 21, 2020 -- Extended Stay America, Inc. and its paired-share REIT, ESH Hospitality, Inc. (collectively the "Company") (Nasdaq: STAY), announced today.
Extended Stay America (STAY) delivered earnings and revenue surprises of 75.00% and 3.92%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Extended Stay America, the leading mid-priced extended stay hotel company, today announces the debut of a new initiative, STAY Confident, to focus on the health, safety, and comfort of its guests. STAY Confident will build upon Extended Stay America’s experience as the only major hotel brand to remain 100% open since the beginning of the pandemic and the already high standards of housekeeping and hygiene at its 634 locations.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
It’s a matter of when, not if, hotel companies begin a wave of mergers and acquisitions to beef up market share and survive coronavirus, according to industry experts. Given the coronavirus economic downturn depleting revenue, business leaders across all industries today are focusing more on sheer survival than mergers and acquisitions. Global M&A activity was […]