Extended Stay America (STAY) Tops Q3 EPS by 2c; Offers FY15 Guidance
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Extended Stay America Announces Third Quarter 2015 Results
October 27, 2015 6:45 AM EDT-RevPAR Increases 6.5%
-Adjusted EBITDA Increases 11.2%
-Hotel Operating Margin Expands 310 Basis Points
-Raises 2015 Adjusted EBITDA Guidance
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Extended Stay America, Inc. (NYSE: STAY) (the Company) today announced consolidated results for the quarter ended September 30, 2015.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151027005552/en/
Third Quarter 2015 Highlights
RevPAR grew 6.5% to $50.83 Revenue increased 6.5% to $360.5 million... More