EXTENDED STAY AMERICA, INC. (NYSE:STAY) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations.
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Hospitality, Inc. issued an earnings release announcing their
results of operations for the three months and year ended
December 31, 2016. A copy of the earnings release is furnished as
Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated herein by reference in this Item 2.02.
on Form 8-K (including Exhibit 99.1) is being furnished and shall
not be deemed to be filed for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or otherwise subject to the liabilities of that section, nor
shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended (the Securities Act), or
the Exchange Act, except as shall be expressly set forth by
specific reference in such a filing.
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Item 7.01 Regulation FD Disclosure.
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Hospitality, Inc. held a conference call announcing their results
of operations for the three months and year ended December 31,
2016. A copy of managements presentation materials is furnished
as Exhibit 99.2 to this Current Report on Form 8-K and is
incorporated herein by reference in this Item 7.01.
on Form 8-K (including Exhibit 99.2) is being furnished and shall
not be deemed to be filed for purposes of Section 18 of the
Exchange Act, or otherwise subject to the liabilities of that
section, nor shall it be deemed incorporated by reference in any
filing under the Securities Act or the Exchange Act, except as
shall be expressly set forth by specific reference in such a
filing.
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Item 8.01
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Other Events.
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Hospitality, Inc. issued a press release announcing that the
Board of Directors of ESH Hospitality, Inc. declared a cash
distribution of $0.15>per share for the fourth>quarter of
2016, payable to ESH Hospitality, Inc.s Class A and Class B
common shareholders. Also, the Board of Directors of Extended
Stay America, Inc. declared a cash distribution of $0.04>per
share for the fourth>quarter of 2016, payable to Extended Stay
America, Inc.s common shareholders. These distributions will be
payable on March 28, 2017>to shareholders of record as of
March 14, 2017. A copy of the press release is attached as
Exhibit 99.3 to this Current Report on Form 8-K and is
incorporated herein by reference in this Item 8.01.
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Item 9.01
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Financial Statements and Exhibits.
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(d)
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Exhibits
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Exhibit Number
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Exhibit Description
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99.1
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Earnings release of Extended Stay America, Inc. and ESH
Hospitality, Inc., dated February 28, 2017, announcing results for the three months and year ended December 31, 2016. |
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99.2
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Managements presentation materials, dated February 28,
2017. |
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99.3
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Press release of Extended Stay America, Inc. and ESH
Hospitality, Inc., dated February 28, 2017, announcing distribution for the fourth quarter of 2016. |
About EXTENDED STAY AMERICA, INC. (NYSE:STAY)
Extended Stay America, Inc. (Extended Stay) is an integrated owner/operator of company-branded hotels in North America. The Company operates in hotel operations segment. Its business operates in the extended stay lodging industry. It owns and operates approximately 630 hotels comprising over 69,400 rooms located in approximately 40 states across the United States and in Canada. It owns and operates its hotels under its core brand, Extended Stay America, which serves the mid-price extended stay segment. In addition, it owns and operates over three Extended Stay Canada hotels. It operates its hotels owned by ESH Hospitality, Inc. (ESH REIT). The hotels are operated by the Operating Lessees, subsidiaries of the Company and are managed by ESA Management LLC (ESA Management), a subsidiary of the Company. ESH Strategies, a subsidiary of the Company, owns the brands related to its business. The Company’s extended stay hotels are designed to provide lodging or apartment accommodations. EXTENDED STAY AMERICA, INC. (NYSE:STAY) Recent Trading Information
EXTENDED STAY AMERICA, INC. (NYSE:STAY) closed its last trading session down -0.02 at 17.30 with 1,295,810 shares trading hands.
