Extended stay america announces completed hotel disposition for $65 million

Charlotte, 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 hotel in california for gross proceeds of $65.0 million. the hotel is now closed and the buyer expects to convert the hotel to an alternative use in the coming months.
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