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Articles tagged “extended stay america”

Coronavirus

Extended Stay America’s Model Withstands the Pandemic’s Impact Better Than Most Hotels

We wouldn't be surprised if Extended Stay America's first quarter and upcoming second quarter operating results together were among the very best of the battered public U.S. hotel companies. Going long on long-stay has never been such a safe business model as it is now during the coronavirus pandemic.

Sean O'Neill, Skift | 2 years ago
Extended Stay America’s Model Withstands the Pandemic’s Impact Better Than Most Hotels

Coronavirus

How Blackstone’s Earlier Hilton Investment Will Guide Its Hotel Strategy in This Crisis

Coronavirus may lead to distressed pricing and investment opportunities for firms like Blackstone, but it could take up to a year before we see the first wave of acquisition plays.

Cameron Sperance, Skift | 2 years ago
How Blackstone’s Earlier Hilton Investment Will Guide Its Hotel Strategy in This Crisis

Hotels

Extended Stay America Might Spin Off Its Real Estate Unit

We're fairly certain Extended Stay America — just like nearly every other public hotel company in existence — will likely pursue a spin-off.

Deanna Ting, Skift | 4 years ago
Extended Stay America Might Spin Off Its Real Estate Unit

Hotels

Extended Stay America’s New CEO Looks to Business Model Changes to Drive Growth

Given the rise of homesharing and shared workspaces, there are plenty of more external forces at work that will impact the extended stay market in the coming years. The key to success for Extended Stay America's new CEO will be taking these all into account.

Deanna Ting, Skift | 4 years ago
Extended Stay America’s New CEO Looks to Business Model Changes to Drive Growth

Hotels

Extended Stay America Gets New CEO in Signal That It Needs to Up Its Game

Everyone wants a piece of the extended stay market, so it'll be interesting to see how the new CEO guides Extended Stay America in this increasingly competitive space.

Deanna Ting, Skift | 4 years ago
Extended Stay America Gets New CEO in Signal That It Needs to Up Its Game

Hotels

Extended Stay America Beats Analysts’ Q3 Estimates

The extended stay sector seemingly continues to sizzle as evidenced by Extended Stay America's third quarter of 2016 results.

Associated Press | 6 years ago
Extended Stay America Beats Analysts’ Q3 Estimates

Hotels

Extended Stay America Beats Q1 Profit Forecasts as Stock Slide Slows

Its stock isn't falling as fast as it had been over the year, which could be a good signal that hotel stocks will start to tick back upwards after a lackluster year.

Associated Press | 6 years ago
Extended Stay America Beats Q1 Profit Forecasts as Stock Slide Slows

Hotels

Extended Stay America Sees a Potential Partner, Not a Threat From Airbnb

Extended stay hotels don't have a real threat from Airbnb, but they may have a good distribution partner in the platform.

Alexandra E. Petri, Skift | 7 years ago
Extended Stay America Sees a Potential Partner, Not a Threat From Airbnb

Hotels

Extended Stay Raises $565 Million in Its IPO, Starts Trading Tomorrow

Another big hotel industry exit for Blackstone.

Hui-Yong Yu, Bloomberg | 9 years ago
Extended Stay Raises $565 Million in Its IPO, Starts Trading Tomorrow

Hotels

Blackstone Maneuvers its La Quinta, Extended Stay and Hilton Chess Pieces

What is the right formula for Blackstone? Two IPOs and a sale or perhaps three IPOs -- namely for Extended Stay America, Hilton, and possibly La Quinta. It is so nice to have options.

Dennis Schaal, Skift | 9 years ago
Blackstone Maneuvers its La Quinta, Extended Stay and Hilton Chess Pieces