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 and Financial Condition.
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Hospitality, Inc. issued an earnings release announcing their
results of operations for the three months ended March 31, 2017.
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 ended March 31, 2017. 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 $0.14>per share for the first>quarter of
2017, 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 $0.07>per
share for the first>quarter of 2017, payable to Extended Stay
America, Inc.s common shareholders. These distributions will be
payable on May 25, 2017>to shareholders of record as of May
11, 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 April 27, 2017, announcing results for the three months ended March 31, 2017. |
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99.2
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Managements presentation materials, dated April 27,
2017. |
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99.3
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Press release of Extended Stay America, Inc. and ESH
Hospitality, Inc., dated April 27, 2017, announcing distribution for first quarter of 2017. |
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. The Company’s business operates in the extended stay sector of the lodging industry. As of December 31, 2016, the Company owned and operated 629 hotels comprising approximately 69,400 rooms located in 44 states across the United States and in Canada. The Company owns and operates its hotels under its brand, Extended Stay America, which serves the mid-price extended stay sector. As of December 31, 2016, the Company also owned and operated three Extended Stay Canada hotels. The Company 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. EXTENDED STAY AMERICA, INC. (NYSE:STAY) Recent Trading Information
EXTENDED STAY AMERICA, INC. (NYSE:STAY) closed its last trading session up +0.26 at 17.45 with 1,864,955 shares trading hands.