$STAY News

Last published 5y ago

5y agoSTAYExtended Stay America Launches Premier SuitesGlobeNewswireCHARLOTTE, N.C., June 29, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, the nation's leading mid-priced extended stay hotel company, is pleased to announce the launch of Extended Stay America Premier Suites. The elevated brand builds on the strength
5y agoBXMT STAY STWDBlackstone and Starwood Capital Group Complete Acquisition of Extended Stay AmericaGlobeNewswireCHARLOTTE, N.C., June 16, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and, together with ESA, "Extended Stay" or the "Company") (NASDAQ:STAY) today announced the completion of the
5y agoSTAYExtended Stay America Shareholders Vote to Approve Transaction With Blackstone and Starwood CapitalGlobeNewswireCHARLOTTE, N.C., June 11, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and, together with ESA, "Extended Stay" or the "Company") (NASDAQ:STAY) today announced that preliminary resu
5y agoBB CLOV IRVRF ORPH+1Thinking about buying stock in Extended Stay America, Irving Resources, Clover Health, BlackBerry, or Orphazyme?PR NewswireNEW YORK, June 11, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for STAY, IRV, CLOV, BB, and ORPH. To
5y agoSTAYExtended Stay America Urges Shareholders to Vote FOR Transaction With Blackstone and Starwood CapitalGlobeNewswireSpecial Meeting to Approve Transaction Will Be Held This Friday, June 11th Leading Independent Proxy Advisor ISS Recommends Shareholders Vote in Favor; Board Unanimously Agrees Shareholders Should Consider Meaningful Downside Risk if the Transactio
5y agoSTAYTarsadia Issues Open Letter Urging Extended Stay America Shareholders to Vote Against Proposed Sale to Blackstone and StarwoodBusiness WireSmall Bump in Purchase Price Does Not Cure Abjectly Flawed Sale Process Glass Lewis Continues to Recommend Shareholders Reject Proposed Sale An Independent STAY Has Significant Medium-Term Upside with Very Modest Near-Term Downside Management's
5y agoSTAYGlass Lewis Continues to Recommend Shareholders Reject Proposed Sale of Extended Stay AmericaBusiness WireLeading Proxy Advisory Firm States that Revised Offer "Does Not Go Far Enough" Continues to Recommend that Shareholders Vote AGAINST the Transaction on Tarsadia's GOLD Card Tarsadia Capital, LLC together with its affiliates, associates and funds i
5y agoSTAYISS Recommends Extended Stay America Shareholders Vote for the Amended Transaction With Blackstone and Starwood CapitalGlobeNewswireCHARLOTTE, N.C., June 04, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and, together with ESA, "Extended Stay" or the "Company") (NASDAQ:STAY) today announced that Institutional Sh
5y agoSTAYTarsadia Comments on Updated Offer from Blackstone and Starwood to Acquire Extended Stay AmericaBusiness WireSmall Bump in Price Does Not Cure Fatally Flawed Sale Process Both ISS and Glass Lewis Concluded STAY's Process Was Flawed, the Sale Price Inadequate and the Transaction Timing Wrong Tarsadia Continues to Urge Shareholders to VOTE on the GOLD Card
5y agoSTAY BXBlackstone, Starwood Boost Extended Stay Bid Amid OppositionBloomberg
5y agoSTAYBoth Leading Independent Proxy Advisory Firms Recommend Extended Stay America Shareholders Vote AGAINST Proposed Sale to Blackstone and StarwoodBusiness WireGlass Lewis Joins ISS in Raising Major Concerns Around Sale Process, Valuation and Timing Agrees with Tarsadia That STAY Has Paths to Greater Value Creation as a Standalone Entity Follow ISS's and Glass Lewis's Recommendations and VOTE on the GOL
5y agoBXMT STAY STWDBlackstone and Starwood Capital Increase Offer to Acquire Extended Stay America to $20.50 in Cash Per Paired Share and Amend Definitive Merger AgreementGlobeNewswireRepresents "Best and Final" Offer from Blackstone and Starwood Capital and Provides Enhanced, Immediate and Certain Value Amended Agreement Unanimously Approved by Both Extended Stay Boards of Directors Special Meetings to be Adjourned to June
5y agoSTAYLeading Independent Proxy Advisory Firm ISS Recommends Extended Stay America Shareholders Vote AGAINST Proposed Sale to Blackstone and StarwoodBusiness WireISS Finds That Circumstances Surrounding the Sale "do not inspire confidence that the proposed transaction represents the best outcome for shareholders" Notes That "current deal terms do not appear to offer a sufficiently compelling value relative to
5y agoBX STAYBlackstone, Starwood Takeover of Extended Stay Opposed by ISSBloomberg
5y agoSTAYExtended Stay America Files Investor Presentation in Support of Transaction with Blackstone and Starwood CapitalGlobeNewswireCHARLOTTE, N.C., May 19, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and its paired-share REIT, ESH Hospitality, Inc. ("ESH" and, together with ESA, "Extended Stay" or the "Company") (NASDAQ:STAY) today filed an investor presentation w
5y agoSTAYExtended Stay America Responds to Tarsadia and Highlights Compelling Reasons to Support the Transaction with Blackstone and Starwood CapitalGlobeNewswireNew Letter to Shareholders Provides Comprehensive Discussion of the Transaction Rationale and the Immediate, Certain and Compelling $19.50 Per Paired Share Cash Value Addresses Tarsadia's Misleading and Flawed Arguments Urges Shareholders Vote "FOR
5y agoSTAYExtended Stay America Announces First Quarter 2021 ResultsGlobeNewswireCHARLOTTE, N.C., May 10, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. ("ESA") and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the "Company") today announced consolidated results for the three months ended March 31, 2021.
5y agoSTAYTarsadia Capital Files Definitive Proxy Statement to Solicit Votes in Opposition to Sale of Extended Stay America to Blackstone and StarwoodBusiness WireSends Letter to STAY Shareholders Detailing Compelling Reasons to Vote Against Sale Believes Sale Would Come at the Wrong Time and Wrong Price In Tarsadia's View, Sales Process Was Flawed and Paired Entities' Boards Failed to Pursue Alternatives
5y agoGMII MRAC STAY TPCOMoore Kuehn Encourages TPCO, MRAC, STAY, and GMII Investors to Contact Law FirmGlobeNewswireNEW YORK, May 04, 2021 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to
5y agoBEDZ EATZ AADR VICI+9Reopening plays still have room to run, market analysts say, as new ETFs launchCNBCWith new hotel- and restaurant-based exchange-traded funds hitting the market, four analysts weigh in on the lasting power of the reopening trade.
5y agoSTAYTarsadia Capital Files Preliminary Proxy Statement to Solicit Votes in Opposition to Acquisition of Extended Stay America by Blackstone and StarwoodBusiness WireBelieves Transaction Undervalues STAY and Is Opportunistically Timed Tarsadia Believes Sales Process Was Flawed and Paired Entities' Boards Failed to Pursue Alternatives Tarsadia Highlights That Two Sitting ESH Directors Voted Against the Deal
5y agoSTAYExtended Stay America Files Definitive Proxy Materials in Connection With the Acquisition Agreement With Blackstone and Starwood CapitalGlobeNewswireSets June 8, 2021 as Special Meeting Date to Vote on the Transaction Letter to Shareholders Highlights Immediate, Compelling and Certain Value of the Transaction that is Superior to Execution of Standalone Plan Says Future Value Creation Beyond Tra
5y agoSTAY BXBlackstone Bets Billions on Reopening and Travel RevivalBloomberg
5y agoIVZ HGV MAR YUM+5Consumer ‘Revenge Spending’ Is Bet for New Funds BEDZ and EATZBloomberg
5y agoBX STAYTwo Extended Stay Directors Opposed Blackstone, Starwood DealBloomberg
5y agoSTAYExtended Stay America Files Preliminary Proxy Statement and Reiterates Board and Management Support for Acquisition Agreement With Blackstone and Starwood CapitalGlobeNewswireTransaction Provides Immediate, Certain and Compelling Value to Shareholders Represents Superior Value to the Continued Execution of Extended Stay’s Strategic Plan on a Time and Risk-Adjusted Basis ...
5y agoSTAYExtended Stay America Comments on Acquisition AgreementGlobeNewswireCHARLOTTE, N.C., March 25, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY)...
5y agoBX STAYTwo More Investors Come Out Against Extended Stay SaleBloombergOpposition to Extended Stay America Inc.’s plans to sell itself to Blackstone Group and Starwood Capital Group is mounting with two other sizable shareholders saying they plan to vote against the deal.
5y agoSTAY CHH DIN RMAX+3Tarsadia Capital Believes Proposed Acquisition of Extended Stay America by Blackstone and Starwood Severely Undervalues STAY and Is Opportunistically TimedBusiness WireNEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC, together with certain of its affiliates and the funds it manages (“Tarsadia” or “we”), is one of the largest shareholders of Extended Stay America, Inc. (NYSE: STAY) (“ESA” or the “Company”), beneficially owning an aggregate of approximately 3.9% of ESA’s outstanding shares. Tarsadia and various of its affiliates have been investors in the hospital ...
5y agoLVS RLJ BX STAYTwo Extended Stay Shareholders to Vote Against Blackstone DealBloombergTwo top-ten holders in Extended Stay America Inc. say they plan to vote against its proposed takeover by Blackstone Group Inc. and Starwood Capital Group, arguing the $6 billion offer undervalues the lodging company.
5y agoAPO STAY HGV BX+1Hotels Show Signs of Life With Long-Awaited Travel Boom in SightBloombergAfter the hotel industry’s worst year on record, a long-awaited recovery is finally approaching.Occupancy rates at U.S. hotels reached 52% last week, the highest since lockdowns began, according to lodging-data provider STR. Shares of lodging companies are surging on the prospect that a rebound is at hand, while companies such as Blackstone Group Inc. are making high-profile deals in the industry.
5y agoSLGG GNMK STAY NBLXMoore Kuehn Encourages SLGG, GNMK, STAY, and NBLX Investors to Contact Law FirmPR NewswireMoore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims...
5y agoBX STAYBlackstone and Starwood Capital to reportedly buy Extended Stay America for $6 billionCNBCBlackstone and Starwood Capital have agreed to buy hotel-operator Extended Stay America for $6 billion, The Wall Street Journal reported on Monday.
5y agoSTAYBlackstone and Starwood Capital Group to Acquire Extended Stay AmericaGlobeNewswireCHARLOTTE, N.C., March 15, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY)...
5y agoHLT STAY BXBlackstone, Starwood to Buy Hotel Operator for $6 BillionBloombergBlackstone Group Inc. and Starwood Capital Group agreed to buy Extended Stay America Inc., an operator of hotels and motels, for about $6 billion, betting the industry will recover as progress in fighting the Covid-19 pandemic accelerates.
5y agoSTAYExtended Stay America Inc (STAY) Q4 2020 Earnings Call TranscriptEarnings Call TranscriptsSTAY earnings call for the period ending December 31, 2020.
5y agoSTAYExtended Stay America Announces Fourth Quarter and Full Year 2020 ResultsGlobeNewswire- Net income of $65.7 million in the Fourth Quarter, $96.3 million for the Full Year 2020- Adjusted EBITDA1 of $89.3 million in the Fourth Quarter, $374.1 million for the Full Year 2020- Comparable...
5y agoSTAYExtended Stay America launches new Premier Suites brandGlobeNewswireCHARLOTTE, N.C., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the launch of Extended Stay America...
5y agoSTAYExtended Stay America Expands Footprint in OklahomaGlobeNewswireCHARLOTTE, 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...
5y agoSTAYExtended Stay America Hosts Military Makeover with Montel®, Providing a Home Away from Home for a Military FamilyGlobeNewswireCAPE 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...
5y agoSTAYExtended Stay America Announces Dates for Fourth Quarter Earnings Release and Annual Shareholder MeetingGlobeNewswireCHARLOTTE, N.C., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and its paired-share REIT, ESH Hospitality, Inc. (collectively the "Company") (Nasdaq: STAY), announced today that it...
5y agoSTAYExtended Stay America Announces Tax Treatment for 2020 DistributionsGlobeNewswireCHARLOTTE, N.C., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”), today announced the tax treatment for the aggregate...
5y agoSTAYExtended Stay America Announces Special Distribution and Reaffirmation of Fourth Quarter and Full Year 2020 GuidanceGlobeNewswireCHARLOTTE, N.C., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”) today announced that ESH Hospitality, Inc.’s Board of...
5y agoSTAYExtended Stay America Announces Completed Hotel Disposition for $65 MillionGlobeNewswireCHARLOTTE, N.C., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”) today announced the completed disposition of one...
5y agoSTAYExtended Stay America Welcomes Seven New PropertiesGlobeNewswireCHARLOTTE, N.C., Nov. 20, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the addition of seven properties...
6y agoSTAYExtended Stay America, Inc. (STAY) CEO Bruce Haase on Q3 2020 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoSTAYExtended Stay America Announces Third Quarter 2020 ResultsGlobeNewswire- Net income of $31.5 million- Adjusted EBITDA1 of $112.7 million- Comparable system-wide RevPAR decrease of 14.7%- Hotel Operating Margin1 of 47.3% CHARLOTTE, N.C., Nov. 09, 2020 (GLOBE NEWSWIRE)...
6y agoSTAYExtended Stay America Announces Dates for Third Quarter Earnings Release and Conference CallGlobeNewswireCHARLOTTE, N.C., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. and its paired-share REIT, ESH Hospitality, Inc. (collectively the "Company") (Nasdaq: STAY), announced today that it...
6y agoHAS STAYHere are Wednesday's biggest analyst calls of the day: Penn, Zynga, Starbucks, Goldman & moreCNBCHere are the biggest calls on Wall Street on Wednesday.
6y agoINFO MKC WMT AMZN+14Stocks making the biggest moves in the premarket: McCormick, Walmart, Amazon, Big Lots & moreCNBCThe stocks making the biggest moves in premarket trading include McCormick, Walmart, Amazon, Big Lots, and more.