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Jim Cramer gives his take on big banks' earnings

  • Jim Cramer, Mad Money host, joins 'Squawk Box' to discuss his first take on Mad Money's move to NYSE and big banks' earning reports.
    07/18/2022

For Travel Stocks, the Flight Has Been Delayed—Again

  • Travel and leisure stocks, pounded by fears of Covid-19 for nearly two years, may not fare much better in the first part of 2022.
    12/17/2021
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Extended Stay America, Inc. (STAY) can buy. Click on Rating Page for detail.

The price of Extended Stay America, Inc. (STAY) is 20.46 and it was updated on 2024-12-21 07:01:50.

Currently Extended Stay America, Inc. (STAY) is in undervalued.

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Airline, Cruise, Resort Stocks Tank Big On Covid-19 Variant News

  • Omicron is the name of the new Covid-19 variant identified by the World Health Organization and new travel restrictions are already going into effect.
    Fri, Nov. 26, 2021

Travel industry prepare for boom as US lifts travel restrictions

  • As the U.S. eases international travel restrictions for 33 countries, Yahoo Finance's Emily McCormick, Brian Sozzi, and Julie Hyman discuss how hotels, airlines, ride-sharing companies, and retail can benefit from the pent-up demand. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
    Mon, Nov. 08, 2021

As Pet Travel Grows, Hilton Extended Stay Hotels Go 100% Pet-Friendly By 2022

  • In a growing travel trend, people are traveling more with their pets. Hilton is taking notice by making all of its extended stay brands pet-friendly by 2022.
    Mon, Sep. 20, 2021

Extended Stay America Launches Premier Suites

  • Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties Across the U.S. Nation's Leading Extended Stay Hotel Company Launches Elevated Experience with 25 Properties Across the U.S.
    Tue, Jun. 29, 2021

Blackstone and Starwood Capital Group Complete Acquisition of Extended Stay America

  • CHARLOTTE, 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 their previously announced acquisition by funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital Group for $20.50 per paired share in cash in a transaction valued at approximately $6 billion.
    Wed, Jun. 16, 2021
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Extended Stay America Shareholders Vote to Approve Transaction With Blackstone and Starwood Capital

  • CHARLOTTE, 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 results show holders of a majority of its shares have voted in favor of the previously announced amended merger agreement under which the company will be acquired by funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital for $20.50 per paired share in cash.
  • 06/11/2021

3 Stocks Paying Special Dividends in June

  • According to the Upcoming Special Dividends page, a Premium feature of GuruFocus, three stocks that are paying a one-time cash dividend during June are Capitol Federal Financial Inc. ( CFFN , Financial), Extended Stay America Inc. ( STAY , Financial)and Waterstone Financial Inc. ( WSBF , Financial).
  • 06/08/2021

Tarsadia Issues Open Letter Urging Extended Stay America Shareholders to Vote Against Proposed Sale to Blackstone and Starwood

  • NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today released an open letter to shareholders of Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”) encouraging them to continue to oppose the Company's proposed sale to Blackstone Real Estate Partners and Starwood Capital Group (the “Sale”). Tarsadia also noted that independent proxy advisor Glass, Lewis & Co. reiterated its recommendation that shar
  • 06/07/2021

ISS Recommends Extended Stay America Shareholders Vote for the Amended Transaction With Blackstone and Starwood Capital

  • Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price Proxy Advisor Reverses Previous Position, Recommends Increased $20.50 Per Paired Share Merger Price
  • 06/04/2021

5 Discounted Picks as Americans Head Into Summer of Freedom

  • Amid the current market correction, we have shortlisted five stocks from the relevant sectors, ONEW, VSTO, STAY, ASO, AXL.
  • 06/03/2021

Tarsadia Comments on Updated Offer from Blackstone and Starwood to Acquire Extended Stay America

  • NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today commented on the updated offer from Blackstone Real Estate Partners and Starwood Capital Group to acquire Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”). Tarsadia continues to urge shareholders to Vote Against the proposed sale (the “Sale”) on the GOLD card at the Special Meeting scheduled for June 8, 2021. Tarsadia issued the following stateme
  • 06/01/2021

Leading Independent Proxy Advisory Firm ISS Recommends Extended Stay America Shareholders Vote AGAINST Proposed Sale to Blackstone and Starwood

  • NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia”), today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended that Extended Stay America, Inc. (NASDAQ: STAY) (“STAY” or the “Company”), shareholders VOTE AGAINST the proposed sale of the Company to Blackstone Real Estate Partners and Starwood Capital Group (the “Sale”) at the Special Meeting scheduled for Jun
  • 05/28/2021

Extended Stay America Files Investor Presentation in Support of Transaction with Blackstone and Starwood Capital

  • Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card Urges Shareholders to Vote on June 8 “FOR” the Sale on the WHITE Company Proxy Card
  • 05/19/2021

Extended Stay America Responds to Tarsadia and Highlights Compelling Reasons to Support the Transaction with Blackstone and Starwood Capital

  • New Letter to Shareholders Provides Comprehensive Discussion of the Transaction Rationale and the Immediate, Certain and Compelling $19.50 Per Paired Share Cash Value
  • 05/14/2021

Extended Stay (STAY) Q1 Earnings & Revenues Beat Estimates

  • Extended Stay's (STAY) first-quarter 2021 performance is hurt by dismal RevPAR and increased hotel operating expenses.
  • 05/11/2021

Extended Stay America (STAY) Tops Q1 Earnings and Revenue Estimates

  • Extended Stay America (STAY) delivered earnings and revenue surprises of 500.00% and 2.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 05/10/2021

Extended Stay America Announces First Quarter 2021 Results

  • CHARLOTTE, 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.
  • 05/10/2021

4 Outperforming Hotel Stocks to Consider as Room Rates Rise

  • As more and more Americans get Covid-19 vaccinations and lockdowns are being lifted, travel demand has begun to increase. Rates for hotel rooms are rising right along with it as hospitality companies strive to recoup the losses experienced throughout the course of the pandemic.
  • 04/28/2021

Tarsadia Capital Files Preliminary Proxy Statement to Solicit Votes in Opposition to Acquisition of Extended Stay America by Blackstone and Starwood

  • NEW YORK--(BUSINESS WIRE)--Tarsadia Capital, LLC together with its affiliates, associates and funds it manages (“Tarsadia” or “we”), is one of the largest shareholders of Extended Stay America, Inc. (NYSE: STAY) (“ESA” or the “Company”) and ESH Hospitality, Inc. (“ESH” and together with the Company, the “Paired Entities”), beneficially owning approximately 3.9% of ESA's outstanding shares. Tarsadia and various of its affiliates have been investors in the hospitality and lodging industry for ove
  • 04/26/2021

Extended Stay America Files Preliminary Proxy Statement and Reiterates Board and Management Support for Acquisition Agreement With Blackstone and Starwood Capital

  • Transaction Provides Immediate, Certain and Compelling Value to Shareholders
  • 04/13/2021

Extended Stay (STAY) to Be Acquired by Blackstone & Starwood

  • Extended Stay America (STAY) has reached an agreement to be acquired by a 50/50 joint venture between Blackstone and Starwood Capital Group for $6 billion.
  • 03/16/2021

Strength Seen in Extended Stay America (STAY): Can Its 13.4% Jump Turn into More Strength?

  • Extended Stay America (STAY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
  • 03/16/2021

Blackstone, Starwood Collaborate On Extended Stay America Acquisition For $6 Billion

  • Blackstone and Starwood Capital have agreed to acquire Extended Stay America, a press release says, with the deal going forward for around $6 billion. “Travel and leisure is one of Blackstone's highest conviction investment themes, and we have confidence in the extended stay model,” said Tyler Henritze, head of U.S. acquisitions for Blackstone Real Estate.
  • 03/16/2021

SHAREHOLDER ALERT: WeissLaw LLP Investigates Extended Stay America, Inc.

  • NEW YORK, March 15, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Extended Stay America, Inc. ("Extended Stay America" or the "Company") (NASDAQ: STAY) in connection with the proposed acquisition of the Company and its paired-share REIT, ESH Hospitality, Inc., by funds managed by Blackstone Real Estate Partners and Starwood Capital Group.  Under the terms of the merger agreement, Extended Stay America shareholders will receive $19.50 in cash for each share of Extended Stay America common stock that they hold.
  • 03/15/2021

Why Shares of Extended Stay America Jumped 14.8% on Monday

  • A buyout is pushing shares sharply higher.
  • 03/15/2021

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Extended Stay America, Inc.

  • NEW YORK, March 15, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Extended Stay America, Inc. (NASDAQ: STAY) and its board of directors concerning the proposed acquisition of the company by The Blackstone Group Inc. (NYSE: BX) and Starwood Capital Group. Stockholders will receive $19.50 for each share of Extended Stay America stock that they hold.
  • 03/15/2021

EXTENDED STAY ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of STAY and Encourages Investors to Contact the Firm

  • NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Extended Stay America, Inc. (NASDAQ: STAY) (“ESA”) breached their fiduciary duties or violated the federal securities laws in connection with the company's acquisition by funds managed by Blackstone Real Estate Partners and Starwood Capital Group.
  • 03/15/2021

Blackstone, Starwood Capital Check In to Extended Stay America

  • Looking to take advantage of value opportunities in the hospitality sector, Blackstone Group Inc. (NYSE:BX) and Starwood Capital Group announced on March 15 they agreed to buy hotel owner and operator Extended Stay America Inc. (NASDAQ:STAY) for $6 billion.
  • 03/15/2021

Blackstone, Starwood Capital Check In to Extended Stay America

  • Looking to take advantage of value opportunities in the hospitality sector, Blackstone Group Inc. (NYSE:BX) and Starwood Capital Group announced on March 15 they agreed to buy hotel owner and operator Extended Stay America Inc. (NASDAQ:STAY) for $6 billion.
  • 03/15/2021

Blackstone, Starwood Capital to buy Extended Stay America for $6B

  • CNBC's Seema Mody reports on the travel industry's recovery as the Carnival CEO says cruise lines face at least two tough years ahead, and Blackstone buys Extended Stay America with Starwood Capital.
  • 03/15/2021

STAY Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Extended Stay America, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – STAY

  • NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Extended Stay America, Inc. (NASDAQ: STAY) to a joint venture between funds managed by Blackstone Real Estate Partners (“Blackstone”) and Starwood Capital Group (“Starwood Capital”) for $19.50 per share in cash is fair to Extended Stay shareholders. Halper Sadeh encourages Extended Stay shareholders to click here to learn more about their legal rights and options or contact Danie
  • 03/15/2021

Blackstone, Starwood Capital team up in $6B purchase of hotel-operator Extended Stay

  • The lodging sector has been one of the hardest hit during the pandemic, which caused most tourism, conventions, and business travel to dry up.
  • 03/15/2021

(STAY Alert) Johnson Fistel Investigates Proposed Sale of Extended Stay; Are Shareholders Getting a Fair Deal?

  • SAN DIEGO, March 15, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Extended Stay America, Inc., (NASDAQ: STAY) breached their fiduciary duties in connection with the proposed sale of the Company to Blackstone Real Estate Partners ("Blackstone") and Starwood Capital Group ("Starwood Capital").   On March 15, 2021, Extended Stay announced that it had entered into a definitive merger agreement with Blackstone and Starwood Capital.
  • 03/15/2021

Extended Stay America, a pandemic success story, bought by Starwood and Blackstone

  • Extended Stay America, a bright spot for the beleaguered hotel industry, has been taken private in a $6 billion deal.
  • 03/15/2021

STAY Stock Price Increases Over 15% Pre-Market: Why It Happened

  • The stock price of Extended Stay America Inc (NASDAQ: STAY) is trading at over 15% pre-market. This is why it happened.
  • 03/15/2021

Extended Stay America's (STAY) CEO Bruce Haase on Q4 2020 Results - Earnings Call Transcript

  • Extended Stay America's (STAY) CEO Bruce Haase on Q4 2020 Results - Earnings Call Transcript
  • 02/26/2021

Extended Stay (STAY) Q4 Earnings & Revenues Top Estimates

  • Extended Stay's (STAY) fourth-quarter 2020 top line was hurt by dismal RevPAR due to the coronavirus pandemic.
  • 02/26/2021

Extended Stay America: Q4 Earnings Insights

  • Shares of Extended Stay America (NASDAQ:STAY) increased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 14.29% year over year to $0.16, which beat the estimate of $0.02.
  • 02/25/2021

Extended Stay America Announces Fourth Quarter and Full Year 2020 Results

  • -  Net income of $65.7 million in the Fourth Quarter, $96.3 million for the Full Year 2020-   Adjusted EBITDA 1 of $89.3 million in the Fourth Quarter, $374.1 million for the Full Year 2020-   Comparable system-wide RevPAR decrease of 9.4% in the Fourth Quarter, -15.0% for the Full Year 2020-   Announces quarterly distribution of $0.09 per Paired Share-   RevPAR Index increased 40% to 140 in the Fourth Quarter, +31.6% to 127 for the Full Year 2020 2
  • 02/25/2021

Extended Stay America launches new Premier Suites brand

  • Extended Stay America Premier Suites to launch with more than 30 properties. Extended Stay America Premier Suites to launch with more than 30 properties.
  • 02/25/2021

Extended Stay America Expands Footprint in Oklahoma

  • CHARLOTTE, 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 Oklahoma through franchise conversions. The properties are all owned by Dallas-based Provident Realty Advisors, Inc. and will be operated by Plano, Texas-based Aimbridge Hospitality, the leading, global, third-party hotel management company.
  • 02/24/2021

Investors eye shares of hotels, cruise lines as U.S. vaccinations pick up

  • Investors are watching next week's earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first to bounce back when the pandemic recedes.
  • 02/12/2021

Extended Stay America Hosts Military Makeover with Montel®, Providing a Home Away from Home for a Military Family

  • CAPE 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 season 25 of the home improvement show, Military Makeover with Montel ® airing on Lifetime TV and on the American Forces Network. Extended Stay America hosted Army Staff Sergeant Daniel Burgess and his family of four, providing them a home away from home at its Extended Stay America Port Charlotte property for the duration of their home makeover, which will be chronicled on air starting on February 12, 2021.
  • 02/10/2021

Extended Stay America Announces Dates for Fourth Quarter Earnings Release and Annual Shareholder Meeting

  • CHARLOTTE, 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 will release its fourth quarter results after the market closes on Thursday, February 25, 2021. A conference call will be held on Friday, February 26, 2021 at 8:30 a.m. Eastern Time.
  • 02/04/2021

Extended Stay America Announces Tax Treatment for 2020 Distributions

  • CHARLOTTE, 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 distributions of $0.26 per paired share (CUSIP: 30224P200) paid to Extended Stay America, Inc.'s common shareholders and ESH Hospitality, Inc.'s Class A and Class B common shareholders during the calendar year ended December 31, 2020.
  • 01/28/2021

7 Travel Stocks Ready for Summer to Arrive

  • Because of pent-up travel demand due to the pandemic, these travel stocks should experience significant gains in the second half of the year. The post 7 Travel Stocks Ready for Summer to Arrive appeared first on InvestorPlace.
  • 01/25/2021

If corporate travel is delayed, estimates need to be lowered: Analyst

  • Patrick Scholes of Truist joins CNBC's Kelly Evans to break down why recovery in corporate travel is crucial for the sector overall. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
  • 01/04/2021

Top 7 Dividend Stocks For Young Investors In 2021

  • Top 7 Dividend Stocks For Young Investors In 2021
  • 01/03/2021

Meet 19 Barron's Blessed Dividend Dogs For 2021

  • Barron's published 36 unique stock mentions and recommendations for 2021 into recent weekly issues. Barron's staff writers Andrew Bary and Lawrence C Strauss contributed. The 36 Barron's Blessed stocks for 2021 included 19 with dividends representing nine of eleven Morningstar Sectors (no Utilities/Energy). Broker targeted-top-ten net gainers ranged 6.48-29.05% 12/28/21.
  • 12/30/2020

Extended Stay America Announces Special Distribution and Reaffirmation of Fourth Quarter and Full Year 2020 Guidance

  • Distribution of $0.35 per Paired Share Distribution of $0.35 per Paired Share
  • 12/22/2020

Axon Capital's Singh sees vaccine boosting travel, entertainment stocks

  • Services company stocks, especially those linked to travel and leisure, have room to rocket higher next year as consumers venture out again after spending on goods but cutting back on services during the pandemic, hedge fund manager Dinakar Singh said.
  • 12/01/2020

This Will Be Worst Year Ever for Hotels, Says AHLA's Rogers

  • Nov.25 -- Chip Rogers, American Hotel and Lodging Association chief executive officer, says hotels may not see a rebound begin until April of next year. He speaks on "Balance of Power.
  • 11/25/2020

Thanksgiving travel seeing 'biggest decline' since 2008 recession: AAA

  • Paula Twidale, senior vice president-travel for AAA, on what to expect for Thanksgiving travel amid the coronavirus pandemic. Subscribe to Fox Business!
  • 11/25/2020

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.
  • 11/23/2020

Extended Stay America Welcomes Seven New Properties

  • CHARLOTTE, 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 through franchise conversions. The properties are all owned by New York-based Three Wall Capital (TWC) and will be operated by Dallas, Texas-based Aimbridge Hospitality, the nation's largest management company.
  • 11/20/2020

Travel stocks rally after Moderna's vaccine progress lifts hopes for near-term reopening

  • Airline, hotel, and cruise stocks surged in early Monday trading as Moderna's encouraging vaccine trial results spurred fresh optimism for an end to the coronavirus pandemic. The biotech company announced Monday morning that its experimental coronavirus vaccine was 94.5% effective at preventing COVID-19 in a preliminary analysis. The update comes one week after Pfizer and BioNTech revealed similarly positive results from early trials of their own vaccine. While both candidates still need to receive approval from the US Food and Drug Administration, their supposed effectiveness suggests a nationwide rollout could come in 2021. 
  • 11/16/2020

Extended Stay America, Inc. (STAY) CEO Bruce Haase on Q3 2020 Results - Earnings Call Transcript

  • Extended Stay America, Inc. (STAY) CEO Bruce Haase on Q3 2020 Results - Earnings Call Transcript
  • 11/10/2020

Extended Stay America, Inc.'s (STAY) CEO Bruce Haase On Q3 2020 Results - Quick Version Earnings Call Transcript

  • Extended Stay America, Inc.'s (STAY) CEO Bruce Haase On Q3 2020 Results - Quick Version Earnings Call Transcript
  • 11/10/2020

Extended Stay America (STAY) Q3 Earnings and Revenues Surpass Estimates

  • Extended Stay America (STAY) delivered earnings and revenue surprises of 58.33% and 3.21%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
  • 11/09/2020

Airline, hotel, and travel stocks poised for Monday rally on Pfizer vaccine news

  • Everything's up in the air right now. Health experts have long warned us not to get too excited about vaccine trials before the full range of data can be examined, but investors in the travel industry are doing just that.
  • 11/09/2020

Insider View: When Will The Hotel Industry Recover?

  • The Covid-19 pandemic has wreaked havoc on the hotel industry. Thom Geshay, president of Davidson Hotels & Resorts, shares predictions of what it will take, and when, for a full recovery.
  • 10/28/2020
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